Keywords: Fiscal Policy
TEPAV Director Sak: “Populist Approaches Negatively Affect the Volatility of Growth” Güven Sak spoke at the 38th Economists' Week
08/04/2014
ISTANBUL – TEPAV Director Güven Sak, emphasizing that Turkey, which has been a part of global economy since the 1980s, has become richer during the process while its economic objectives remained local and political. Sak said “Populist approach
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TEPAV: "Current account deficit could have been lowered by $14 billion” TEPAV states that the fight with current account deficit requires the tightening of fiscal policy as well as of monetary policy.
15/05/2012
ANKARA- TEPAV stressed that public savings in 2011 could have been 38 billion TL higher and said, “if public savings in 2011 are increased by 38 billion TL, current account deficit can be lowered by $14 billion, corresponding to a deficit of
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TEPAV: “Primary Budget Expenditures Did Not Fall Back Down to the Pre-crisis Level” The assessment stressed that a significant proportion of the current account deficit resulted from the savings gap of the public sector, confirming the need for a change in public expenditure policy.
18/08/2011
ANKARA – TEPAV stated that primary budget expenditures which grew along with the crisis did not fall back to the pre-crisis levels yet.
Fiscal Monitoring Report April-May 2011 Budget Implementation Results by TEPAV Stability Institute was pu
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TEPAV: “With a Fiscal Rule, Fiscal Policy of 2011 Could Have Been Looser” TEPAV conducted a study titled "What Would Budget Deficit Be With a Fiscal Rule?"
05/08/2011
ANKARA - TEPAV stated that a fiscal rule would have required a tighter fiscal policy in 2010 and a looser fiscal policy in 2011 in line with the targets of the 2011 Medium Term Program (MTP).
TEPAV published a study titled: "What Would Budget Defi
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TEPAV: "Fiscal Policy does not Stand Upright" TEPAV stated that although the budget deficit ameliorated in 2010 compared to 2009, structural budget balance has been deteriorating since 2006.
08/05/2011
ANKARA - TEPAV stressed that although the budget deficit ameliorated in 2010 compared to 2009, structural budget balance has been deteriorating since 2006. TEPAV said, "Fiscal stance demonstrates a negative outlook." It was also maintained that
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TEPAV Lectured on Public Finance in Uzbekistan Uzbek officials received training on interbudgetary relations by TEPAV Training and Research Institute for Public Policy (TRIPP).
05/04/2011
TASHKENT - TEPAV organized a training program on public finance in Uzbekistan in collaboration with Turkish International Cooperation and Development Agency (TIKA) and United Nations Development Programe (UNDP). The program with the theme "Interb
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"Crisis Measures for the Turkish Economy" Report
25/03/2009
ANKARA- TEPAV releaesed the "Crisis Measures for the Turkish Economy" report. Underlining that the global crisis now became a crisis for Turkey, the report maintained: that "Nonetheless, it is possible to limit the growth and employment losses posed
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