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Working Paper/Hasan Ersel Vulnerability to External Financial Shocks: The Case of Turkey
05/05/2010 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]
TEPAV/SAK: “Fiscal Rule is required for sustainable and steady growth...”
22/02/2010 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 Enla [More]
TEPAV : "Istanbul Decisions Are Of Great Importance For Turkey"
20/10/2009 ANKARA- TEPAV Policy Note "From 'Washington Consensus' to 'Istanbul Decisions': Where do we go?" stated that Istanbul Decisions are of great importance with respect to both the future of the global system and to the position of Turkey in the new glob [More]
Economic Crisis Hits The Urban Poor
29/09/2009 ANKARA- The Turkey Welfare Monitoring Survey, sponsored by TEPAV, UNICEF and the World Bank, conducted with 2100 families suggest that urban families, especially the poor, were affected quite negatively by the economic crisis. Nearly three quarters o [More]
Skewed Trade: Cash in Advance When Importing; but a Lack of Cash When Exporting
25/08/2009 ANKARA- Trade problems of Turkey partially originate from weak demand in the midst of the crisis, while another probelm stems from Turkey being the party that undertakes risk both in exports and imports. The Turkish tier of the World Bank Trade Fina [More]
TEPAV Director Sak: "We are Going Through a Period Where Protectionism is Perceived to be Legitimate"
26/06/2009 In his opening speech for the "Global Development Finance 2009 - Map of Global Recovery" panel organized by TEPAV and the World Bank, TEPAV Director Prof. Dr. Güven Sak maintained that the character of the current financial crisis is indefinite and [More]
"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 [More]
"TEPAV: G20 Summit is a Medium Term Opportunity for Turkey"
14/11/2008 TEPAV says in its policy note that the G20 Summit that will take place in Washington D.C. under the auspices of US President Bush is an important step in seeking a solution to the global crisis. The TEPAV report, which labels the summit as a platform [More]
TEPAV Issues an Assessment of the Global Crisis
12/11/2008 In a policy note recently issued, TEPAV global crisis working group argues that the strategy to tackle the crisis should encompass proactive measures. Some recommendations listed in the TEPAV report for turning the crisis into an opportunity include: [More]