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Publication Date:
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December 20, 2013
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Electronic Access:
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Free Full text
(PDF file size is 1,066KB).
Use the free
Adobe Acrobat Reader
to view this PDF file
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Summary:
This Selected Issues paper analyzes the capital flows in Turkey. The empirical analysis in this paper uses exchange market pressure index to identify the determinants of capital flows to Turkey. It is observed that exchange market pressures in Turkey seem to a degree, larger than in other emerging economies, and to be linked to risk factors, both global and country specific. In particular, there seems to be a stronger link to the interest rates in advanced economies, which given forthcoming tightening of the U.S. monetary policy, is likely to intensify pressures on lira.
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Order a print copy
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Series:
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Country Report No. 13/364
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Subject(s):
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Capital flows | Exchange market rates | Government expenditures | Budgets | Global competitiveness | Economic growth | Selected issues | Turkey
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English
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Publication Date:
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December 20, 2013
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ISBN/ISSN:
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9781475538854/1934-7685
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Format:
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Paper
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Stock No:
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1TUREA2013002
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Pages:
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56
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Price:
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US$18.00 )
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Please address any questions about this title to
publications@imf.org
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