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Working Paper/Hasan Ersel Vulnerability to External Financial Shocks: The Case of Turkey
05/05/2010- 1943 For many observers, Turkey's performance during the "2007+ global financial crisis" was puzzling. In the first half of the 2009, Turkey was one of the worst affected countries in the world. In addition, the Turkish government was too slow to react, [More]
Global Financial Crisis, Turkish Economy,
TEPE reaches the highest level so far: TEPE improved by 9.0 points in April 2010 compared to the same period in the last year.
Haber Resim
03/05/2010- 1687 ANKARA- TEPAV Retail Confidence Indicator (TEPE) April 2010 results were announced. Compared to the same period in the last year, TEPE increased by 9.0 points in April 2010 achieving the highest level ever. Total recovery since December 2009, the tro [More]
TEPAV Retail Confidence Indicator (TEPE) ,
TEPAV announces Fiscal Monitoring Report February results
29/04/2010- 1894 ANKARA- Central government budget had a deficit of 5.4 billion TL as of the end of February, indicating a 48% improvement compared to February 2009. Rises in tax revenues and seasonally low interest expenditures contributed to the improvements in bud [More]
Fiscal Monitoring , Budget Performance, Stability Institute,
The World Bank's Energy Report was introduced at TEPAV
07/04/2010- 2070 ANKARA- With a meeting held at TEPAV, World Bank report "Energy Outlook in Eastern Europe and the Central Asia" was presented by Kari Nyman, Senior Director in the Europe and Central Asia Region in Infrastructure and Energy Sector Department.Deliveri [More]
Energy,
Recovery in TEPE continues: TEPE increased by 11.6 percent in March 2010 compared to March 2009.
02/04/2010- 2146 ANKARA- TEPE (TEPAV Retail Confidence Indicator) March 2010 results are announced.Solid recovery in TEPE continues: TEPE March-2010 improved by 11.6 points compared to the same period in 2009. Though the index still moves at the negative zone, possib [More]
TEPAV Retail Confidence Indicator (TEPE) ,
Recovery signals for TEPE: TEPE improved by 15.5 points in February 2010 compared with February 2009
02/03/2010- 1639 ANKARA- TEPAV Retail Confidence Indicator (TEPE) Febuary 2010 results were announced. TEPE increased by 15.5 points in February 2010 compared with February 2009. Nonetheless, the index still moves at the negative zone.11.8 percent of the survey parti [More]
TEPAV Retail Confidence Indicator (TEPE) ,
TEPAV evaluated the 2009 budget results: “Declarations in more detail should be made for fiscal transparency”
25/02/2010- 1766 ANKARA-TEPAV asked for the clarification of some points regarding the source of the improvements in 2009 budget. TEPAV report said "Clarification of the level of stock liability that was not included in 2009 budget expenditures and was transferred to [More]
Fiscal Monitoring , Budget Performance, Stability Institute,
TEPAV/SAK: “Fiscal Rule is required for sustainable and steady growth...”
22/02/2010- 2343 İSTANBUL- TEPAV Director Prof. Dr. Güven Sak stated that a cap must be put on government expenditures through a fiscal rule in order to assure sustainable and stable growth. TEPAV Director Sak delivered a speech titled "Pace of European Union Enlarge [More]
European Union, Global Financial Crisis, Fiscal Rule,
Confidence Improves in Retail Sector
03/02/2010- 1849 ANKARA- TEPE improved by 12.1 points in January-2010 compared to the same period in the last year. 14.7 percent of survey participants in January 2010 indicated that their business activity increased compared to January 2009 while 62.4 percent of the [More]
TEPAV Retail Confidence Indicator (TEPE) ,
TEPAV: "Revised Budget Target Might Not Be Fulfilled Due To SSI"
11/01/2010- 1957 ANKARA – TEPAV stated that budget is faced with a pressure for expenditures above the level of SSI allowances and said: “Under these circumstances, it appears that the most significant risk that will lead to a budget deficit even below the revised le [More]
Fiscal Monitoring , Budget Performance,