The Shifting Politics of Debt in Turkey

The Shifting Politics of Debt in Turkey - MERIP

Turkish President Recep Tayyip Erdoğan's administration reacted quickly with the offer of cheap loans through state-owned banks.

(PDF) Politics of household indebtedness in Turkey - ResearchGate

latest economic crisis by keeping interest rates low for its ruling coalition. ... to now. ... Turkey's growing household indebtedness in the 2000s ...

Surge in Turkish Bank Issuance Suggests Investor Confidence Has ...

Fitch Ratings-London-22 May 2024: The recent surge in debt issuance by Turkish banks suggests that international investors have regained ...

How Contagious Is Turkey? | AB - AllianceBernstein

The Turkish lira has dropped 38% as of August 28, putting pressure on inflation as well as the country's debt ... Turkey's political situation also sets it apart, ...

Türkiye: Soft landing and a gradual rebalancing - Allianz Trade

Crucially, however, the share of FX-denominated debt in total public debt rose from just 40% at end-2017 to a worrisome ratio of 65% at end-2023, though it has ...

TURKEY'S DEBT CRISES IN HISTORICAL PERSPECTIVES

This time the government of Turkey sought to overcome the foreign exchange barrier by producing for export under ELI policy. The foreign exchange, thus ...

Turkey gives economic orthodoxy a try to tame inflation - GIS Reports

The failure to procure imports or repay debts can lead to massive unemployment and rampant inflation in a country such as Turkey. However, ...

Turkish Experience with Debt: Macroeconomic Policy and ...

Kennedy School of Government, Harvard University, and a faculty research fellow at the National Bureau of Economic Research. 193. Page 3. 194. Merih ...

Turkey - National debt in relation to gross domestic product (GDP ...

The data relate to the entire Turkish state and include government debt and the debt of the provinces, municipalities, communes as well as ...

Turkey Wavers Under the Weight of its Debt Load - Stratfor

Turkey's economy has wavered on the edge of crises for the past several years, magnifying the impact of Turkey's debt load.

How Turkey Created a Debt Crisis - Bloomberg

“Everybody has a bankruptcy story,” says Cem Sari, who's just lived through his own version, in a year that turned into a national trauma.

Turkey Overview: Development news, research, data | World Bank

Türkiye is the 17 th largest economy in the world, according to the IMF, with a GDP of $1.024 trillion as of 2023.

Neoliberalism and Financialization in Turkey - CUNY Academic Works

The 1994 economic crisis was triggered by rapid decline in financial capital inflows which resulted from the rapid rise in government debt. The government debt ...

For Erdogan, the Bill for Turkey's Debt-Fueled Growth Comes Due

The bill has come due. Over the last two years, financiers have taken note of the staggering debt burdens confronting Turkey's major companies.

Continuity and change in Turkish politics: economic and behavioural ...

Especially after the 2017 presidential referendum and the consequent elections in 2018, Turkey is now considered an archetype of democratic ...

2024 Investment Climate Statements: Turkey - State Department

The Turkish lira shed 37 percent of its value against the dollar in 2023. In June 2023, the Central Bank of the Republic of Türkiye (CBRT) began to raise the ...

On the Political Economy of Populism: The Decline of the Turkish ...

The result is a vicious cycle of unstable prices, domestic and external deficits, and an associated accumulation of unsustainable national debt.

The Political Economy of Turkey: Debt, Adjustment and Sustainability

Turkey stands at a crossroad after a decade of adjustment to its severe debt crisis in the late 1970s. This volume brings together a group of contributors.

5 Financial Liberalization in Turkey in - IMF eLibrary

When the government started borrowing through auctions, the fiscal problem became even more acute as interest rate payments increased rapidly. From time to time ...

A Failure Story: Politics and Financial Liberalization in Turkey ...

Not only because the main subject of the paper is to analyze the capital flight and external debt relationship but also because we believe that financial sector.