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161223 ||| eng |
| 020 |
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|a 9781484338209
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| 245 |
0 |
0 |
|a Turkey
|b Selected Issue
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2016
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| 300 |
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|a 68 pages
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| 651 |
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4 |
|a Turkey
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| 653 |
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|a Minimum wage
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| 653 |
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|a Wealth
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| 653 |
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|a Labour; income economics
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| 653 |
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|a Potential output
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| 653 |
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|a Monetary economics
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| 653 |
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|a Currency; Foreign exchange
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| 653 |
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|a Saving
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| 653 |
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|a Wages, Compensation, and Labor Costs: General
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| 653 |
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|a Production
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| 653 |
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|a Production; Economic theory
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| 653 |
|
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|a National accounts
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| 653 |
|
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|a Minimum wages
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| 653 |
|
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|a Labor
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| 653 |
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|a Macroeconomics: Production
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| 653 |
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|a Foreign Exchange
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| 653 |
|
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|a Saving and investment
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| 653 |
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|a Wages, Compensation, and Labor Costs: Public Policy
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| 653 |
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|a Pensions
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| 653 |
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|a Macroeconomics
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| 653 |
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|a Macroeconomics: Consumption
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| 653 |
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|a Wages
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| 653 |
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|a Public Finance
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| 653 |
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|a Foreign exchange
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| 653 |
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|a Production growth
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| 653 |
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|a Production and Operations Management
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| 653 |
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|a Private savings
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| 710 |
2 |
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|a International Monetary Fund
|b European Dept
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| 041 |
0 |
7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
0 |
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|a IMF Staff Country Reports
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| 028 |
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|a 10.5089/9781484338209.002
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| 856 |
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|u https://elibrary.imf.org/view/journals/002/2016/105/002.2016.issue-105-en.xml?cid=43873-com-dsp-marc
|x Verlag
|3 Volltext
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| 082 |
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|a 330
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| 520 |
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|a This paper discusses key issues of Turkey’s economy including private savings in Turkey, increase in the minimum wage for 2016, and nonfinancial corporate sector debt in Turkey. Over the last decade and half, Turkey successfully stabilized its macro economy. In the aftermath of the 1999–2001 economic crises, Turkey pursued a highly successful policy of macroeconomic stabilization. At the same time, however, private sector saving rate decreased significantly, leading to a current account deficit. The minimum wage increased by 30 percent in January 2016, affecting about 8 million workers directly. Nonfinancial corporate sector debt has increased substantially in recent years, on the back of increased foreign currency leverage
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