IDEAS home Printed from https://ideas.repec.org/a/eyd/eyjrnl/v23y2012i82p1-22.html
   My bibliography  Save this article

Sürdürülebilir Borçlanmanın Eleştirisi: Başka Bir Sürdürülebilirlik Olgusu ve Türkiye Örneği

Author

Listed:
  • Burak GÜRBÜZ

    (Galatasaray University)

Abstract

Çalışmanın birinci amacı borcun zaman içinde sürdürülebilirliği ve sonlanması kavramını eleştirel bir yaklaşım getirmektir. Türkiye örneğinden yola çıkarak borçların, geçici bir olgudan ziyade, süreklilik gösteren bir sürece tekabül ettiği görülmektedir. Çalışmanın ikinci amacı borcun sürdürülebilirliğinin toplumsal maliyetlerinin ölçülmesi, buradan da yeni bir borç sürdürülebilirlik ölçüsünün Türkiye için hesaplanmasıdır. Sonuçlar, piyasa aktörlerinin ve uluslararası kuruluşlarının dar tanımına uygun “borcun sürdürülebilirliği” göstergesi ile borcun toplumsal maliyetlerini de içine alan alternatif göstergenin zaman içinde birbirine zıt hareket ettiğini göstermektedir.

Suggested Citation

  • Burak GÜRBÜZ, 2012. "Sürdürülebilir Borçlanmanın Eleştirisi: Başka Bir Sürdürülebilirlik Olgusu ve Türkiye Örneği," Ekonomik Yaklasim, Ekonomik Yaklasim Association, vol. 23(82), pages 1-22.
    • Handle: RePEc:eyd:eyjrnl:v:23:y:2012:i:82:p:1-22
    DOI: 10.5455/ey.20000
    Note: [English Title] Critique of Debt Sustainability: An Alternative Concept of Sustainability and the Case of Turkey [English Abstract] The first objective of this study is to give a critical account of debt sustainability and solvability. Based on the case of Turkey we show that debt, rather than being a transitory phenomenon is a self-sustained process. The second objective of the study entails the measurement of the social costs of debt sustainability, and calculating a new indicator for Turkey's debt sustainability. The results show that the “debt sustainability” indicator based on the narrow definition adopted by market actors and international institutions, and the alternative indicator that takes into account social costs move in opposite directions. [English Keywords] Sustainability, debt, finance, persistence, crises, Turkey.
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.5455/ey.20000
    Download Restriction: No restriction for articles.
    File URL: https://libkey.io/10.5455/ey.20000?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    Sürdürülebilirlik; borç; finans; süreklilik; krizler; Türkiye.;
    All these keywords.

    JEL classification:

    • F59 - International Economics - - International Relations, National Security, and International Political Economy - - - Other
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt
    • H68 - Public Economics - - National Budget, Deficit, and Debt - - - Forecasts of Budgets, Deficits, and Debt

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eyd:eyjrnl:v:23:y:2012:i:82:p:1-22. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ozan Eruygur (email available below). General contact details of provider: http://www.ekonomikyaklasim.org .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.