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Turkey: 2012 Article IV Consultation

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  • International Monetary Fund

Abstract

This report for the 2012 Article IV Consultation with Turkey discusses the macroeconomic conditions after the 2008 global financial crisis. After two years of rapid growth, the economy has slowed and imbalances are unwinding. However, owing to slower domestic demand, the Turkish financial system continues to remain sound. IMF staff supports the authorities’ fiscal objective for 2013 and also the medium-term fiscal plan for 2013–15. But, they recommend a tighter monetary policy stance given the upside risks to inflation.

Suggested Citation

  • International Monetary Fund, 2012. "Turkey: 2012 Article IV Consultation," IMF Staff Country Reports 2012/338, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2012/338
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=40183
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    Cited by:

    1. Ricker-Gilbert, Jacob & Mason, Nicole M. & Darko, Francis & Jayne, Thomas S. & Tembo, Solomon, 2013. "What are the Effects of Input Subsidies on Maize Prices? Evidence from Malawi and Zambia," Food Security Collaborative Working Papers 154938, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    2. Glenn P. Jenkins & Godwin O Olasehinde-Williams & Roya Amel, 2019. "Private Benefits, Fiscal Costs, and Economic Resource Costs of the Private Defined Contribution Pension Systems in Turkey," Development Discussion Papers 2019-02, JDI Executive Programs.
    3. Huseyin Ozturk, 2020. "The shape of sovereign yield curve in an emerging economy: Do macroeconomic or external factors matter?," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 47(1), pages 83-112, February.
    4. Zuzana Brixiova & Balázs Égert & Thouraya Hadj Amor Essid, 2013. "Working Paper 187 - The Real Exchange Rate and External Competitiveness in Egypt, Morocco and Tunisia," Working Paper Series 991, African Development Bank.

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