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The Economic Performance of Turkey: 

The Economic Performance of Turkey Ahmed ALABBADI Mehmet SAGLAM MSPE Department of Economics University of Illinois at Urbana-Champaign

Slide2: 

Growth

Inflation: 

Inflation Turkey suffered from high and persistent inflation since more than three decades

Inflation:: 

Inflation:

Trade Policy & Balance of Payments: 

Trade Policy & Balance of Payments

What happened in the past?: 

What happened in the past?

Public Sector Borrowing Requirement and Consolidated Budget Balance: 

Public Sector Borrowing Requirement and Consolidated Budget Balance The PSBR is a better indicator of the public sector in Turkey

Structure of Expenditures : 

Structure of Expenditures The structural constraints over the Turkish fiscal policy: Interest expenditures as a ratio of tax revenues reached 103.3% by 2001

Financial Sector: 

Financial Sector Turkish banking sector experienced difficulties many times within the last 25 years, as a result of their own excessive risk-taking behavior in the past.

Financial Sector: The Turkish Banking System: 

Financial Sector: The Turkish Banking System Composition of Banking Sector Balance Sheet (percent)

The Turkish Banking System: 

The Turkish Banking System The most important characteristic of capital markets in Turkey is the predominance of the government securities.

Changing Domestic Savings and Investment: 

Changing Domestic Savings and Investment Loose fiscal policy Rising budget deficit,

The Economic Performance of Turkey: 

The Economic Performance of Turkey Thank you...