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Cari İşlemler Dengesi Gelişmeleri

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  • Fazıl Kayıkçı

    () (Department of Economics, Yildiz Technical University)

Abstract

The current account balance is an important indicator of any economy’s performance and it plays several roles in policymakers’ analyses of economic developments. First, its significance comes from the fact that the current account balance, reflecting the saving-investment ratio, is closely related to the status of the fiscal balance and private savings which are key factors of economic growth. Second, a country’s balance on the current account is mainly the difference between its exports and imports, reflecting the totality of domestic residents’ transactions with foreigners in markets for goods and services, also the intertemporal decisions of residents. In This paper, current account balanance of the Turkish Economy, which was one of the main subjects for constructing economic policies with different priorities and significances attached to its determinants and was resulted from the different circumstances and needs of the periods, will be analyzed both historically and analytically. The subject will be analyzed in a more detailed fashion since the current account balance of Turkey underwent significant changes in the 1980s along the liberalization and stabilization policies in the economy.

Suggested Citation

  • Fazıl Kayıkçı, 2009. "Cari İşlemler Dengesi Gelişmeleri," Working Papers 0026, Yildiz Technical University, Department of Economics, revised Nov 2009.
  • Handle: RePEc:yil:wpaper:0026
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    File URL: http://www.ikt.yildiz.edu.tr/RePEc/yil/makaleler/kayikci0026.pdf
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    More about this item

    Keywords

    Current Account Balance; Balance of Payments; Foreign Trade; Turkish Economy;

    JEL classification:

    • N15 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Asia including Middle East
    • F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies

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