International Conference on Eurasian Economies
29-31 August 2016 – Kaposvár, HUNGARY
Paper detail
Paper ID : 1645
Status : Paper published
Language : Turkish
Topic : Macroeconomics
Presenter: Assoc. Prof. Dr. Oğuz Bal
Session : 2E Büyüme II
The Developing Countries External Debt and Growth Issues and Example of Turkey
Kalkınmakta Olan Ülkelerin Dış Borç, Büyüme Sorunları ve Türkiye Örneği
- Assoc. Prof. Dr. Oğuz Bal (Kocaeli University, Türkiye)
Abstract
Today; country economies are dealt with from a global perspective. International capital, and technological developing, had accelerated the flow of factors also. This case demonstrates the international economic interdependence. In industrialized countries after the Second World War, while exports of industrial products increased by busy; In 1970's years, the oil crisis shocks had been lived. In the 1980s, in the world debt problems emerged. In the 1990s, world economy, has become multi-polar world with together globalization, and in order to the crisis by IMF and World Bank were began effective interventions, in the 2000s there has been a global crisis together with debt crises. The economic problem is a basic reason of the main of all crises. These crises are occurring frequently in emerging markets such as Turkey. For Turkey the real economy to financial fragility adversely affects and therefore the Current Account Balance / GNP status is important. This problem cited above, were discussed in five parts in the article. In the first part; In the case of Turkey was discussed; in general, the increase causes in imports were discussed. In the second chapter; increase in exports and imports coverage rate was examined. In the third chapter, the growth phenomena of dependent to import was discussed. In the fourth chapter; borrowing requirements, growth and debt relations were discussed. In the fifth chapter, conclusions and recommendations took place. The method used; the deductive method. CBT, Treasury data, World Bank data, Turkey Statistical Institute data were used.
JEL codes: C87, B22, C01
Bal, Oğuz (2016). "The Developing Countries External Debt and Growth Issues and Example of Turkey" in Proceedings of International Conference of Eurasian Economies 2016, pp.821-829, Kaposvár, HUNGARY.
DOI: https://doi.org/10.36880/C07.01645
