Keywords: Current Account Deficit
TEPAV Director Güven Sak: "Turkey Lacks Momentum" TEPAV Director Güven Sak assessed the outlook of the Turkish economy and economic policy at a joint World Bank event themed “Turkey’s Transitions.”
06/01/2015
Sak said that Turkey had lost its momentum, and added, “It’s the same with economic policy. Turkey needs to regain its momentum.”
A new World Bank report titled “Turkey’s Transitions: Integration, Inclusion, Institutions” was introduce
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Three Things to Know about Turkey’s Trade with China Evaluation Note / İrem Kızılca
06/03/2014
"Following the 2008 crisis, Turkey, which had demonstrated high economic growth with a low current account deficit, had to increase its current account deficit to sustain comparable levels of economic growth. Moving forward, low growth and high cur
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TEPAV Director Sak: "The Latest Development Plan Speaks More Korean" A meeting themed “How to Avoid the Middle Income Trap” hosted a debate on the divergence between South Korea and Turkey, which had similar economic structures in the 1970s.
17/09/2013
ANKARA – TEPAV held a meeting themed “How to Avoid the Middle Income Trap: Policy Lessons from Korea” on Tuesday, 17 September 2013, with the contributions of the Korea Capital Market Institute (KCMI). Delivering the opening remarks, TEPAV Di
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The Turkish Economy in 2000-2010: “Not a Lost Decade, But Vulnerabilities Exist” Economist Eken stated that growth was not inclusive enough and rapid growth did not remedy unemployment.
14/01/2013
ANKARA –Turkey’s economic performance in the first decade of the 2000s was brought to the table at TEPAV. Dr. Sena Eken, Retired Senior Economist at the IMF and the co-author of the book “Turkey 2000-10: A Decade of Transition - Discussions A
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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 Assesses the New Incentive Package: “The best package so far, but there is more to do” TEPAV's note stressed that the package alone cannot help Turkey reach the 2023 targets and that the need for reform in many fields was continuing.
10/04/2012
ANKARA - TEPAV, stressing that the new incentive package was the most comprehensive and technically-correct incentive regulation so far, said that the package alone could not fulfill the 2023 targets and that the need for a structural reform agenda
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The World Economy after the Crisis: Risks and Possible Solutions During a meeting held at TEPAV, recent developments in the world economy and their impacts on Turkey were discussed in their many aspects.
30/03/2012
ANKARA – On Friday, 30 March 2012, a meeting was held at TEPAV to discuss the challenges and risks the world economy has faced in the post-crisis era particularly after August 2011 and their impacts on the Turkish economy. The speakers drew a
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TEPAV Director Sak: “The State Needed Austerity; the Peoples Are Doing It.” Güven Sak delivered a speech titled “No Need to Worry(?)” during the 11th Retail Sector Summit.
19/10/2011
ISTANBUL – TEPAV Director Güven Sak, speaking about the market interventions of the Central Bank and the latest government decisions, said, “I do not know what the Central Bank is trying to do, either. There are some measures concerning th
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Commentary/Sarp Kalkan: "Why was Turkey differentiated from other developing countries?" TEPAV Economic Policy Analyst Sarp Kalkan analyzed the differentiation of Turkey from other developing countries with respect to exchange rate and stock market movements.
25/08/2011
The commentary assessed:
"Turkey has been differentiating substantially from other developing countries in terms of exchange rate and stock movement since the beginning of November 2010. This proves that the behavior of international fund infl
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Commentary/Ozan Acar: Turkey’s sovereign rating increased relatively TEPAV Economic Policy Analyst Ozan Acar evaluated the current outlook of Turkey's sovereign rating in the context of the developments witnessed since January 2011.
23/08/2011
Acar assessed:
Due to the uncertainties arising as a result of the global crisis, fund managers tend to focus on short-term rather than long-term factors when making investment decisions. The relative improvement in and the stable outlook of T
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