158
THE PLACE OF THE CURRENT ACCOUNT IN THE BALANCE OF PAYMENTS AND ITS DEVELOPMENT IN TURKEY
Yazar / Author:
iii
Abstract
Balance of Payments are accounts in which all the economic activities are recorded by goods, services, transfers and asset transactions realized by residents in one country for a certain period of time - for one year. Payments Balance consists of three categories: Current account, capital account and financial account. Current account is current transactions of a country with the rest of the world. It is an economic indicator showing financial needs and saving tendencies of a country. In this paper, the place of the current account in the Balance of Payments and its development in Turkey will be examined.
Key Words: Turkey, Balance of Payments, Current Account
, -
-
- - Anahtar Kelimeler:
1.
D
Economy And Policy isimli u-
i
159 2
g
gelirle ilgi mal ve
sebe -
160 (BPM6)
sermaye net hata ve noksan
(-
- -
n mal dengesi, hizmet dengesi
Mal Dengesi;
Hizmetler Dengesi;
hizmetleri, sigorta hizme Gelirler
Dengesi;
161 transferle
D ( ), (tahvil, bono,
SDR),
Net Hata ve Noksan;
f
3
162 veren bir ekonomi
k ve politik tahribatlar
-
1.
Kaynak: IMF, databank.
163
.Kaynak:
164
.Kaynak:
- rmaye
-
-gider
3
Birincil Gelir
165 ticaretini
hizmetler, f (TCMB, 2014).
. 1980- -
-1.04 iken, 2004-
-
: -2015)
likte hareket
166
CA = X M + NY + NCT (1)
e,
NCT : Net cari transfer
GSYH = C + I + G + X M (2)
GSMH = C + I + G + X M + rF (3)
GSMH (C + G) = I + X M + rF (4)
(Mankiw, 1994).
CA = X M + rF (5)
CA = GSMH (C + G) I = S I (6)
S
P167 S
GS = S
P+ S
G= (GSMH T C) + (T G) (7)
I = I
P+ I
G(8)
-
CA = (S
GI
G) + (S
PI
P) (9)
- -
m tasarruf-
- -
anlamak
vadede
birlikte i
aha fazla etkilenmesi Mundell-
-Fleming ar
168 - -
harcanabilir gelirlerinin
abilir.
a -2003
-
. -2014)
Kaynak: IMF databank
al kriz
-
169 b
yoluna giderler (Gruber ve Kamin, 2005:1-
- n
- -2005
duruma geldik
-
- genelinde cari hesap dinamiklerini
in olarak bir krizin habercisi
170 C., DeMarco, L., P. ve Kamin S.:2011).
2.2
-
-1922;
-1929;
-1939 ; -1945;
-1953;
-
- -
1979);
-1988;
1989-2000.
- -
eliyle yerli
olan mallara daha
171
-30).
1923-
-
1930-
- 1940-
1950-
-
-
P etkisiyle itha
1954-
172
Bu program
- - -
-1969
1962- -
-
-
173 1974-
milyardan 1979'da 13.6 milyar dolara indirebildi.
art
de
-
- olarak daha az
etkilendi. 1980-
ve
an
lanan
-fonlar getirildi,
me" 84
dilerek
174
Devletin piyasaya gibi tekeller
hafifletilmesi
-
-
175
2.Kaynak: TCMB, El 1984-
-1987 ara
- -
176 3.
Kaynak:
1980-
Bu olumlu or
-
- -
.
177 4.
Kaynak:
kovertibl oldu.1988, 1989, 1991, 1994, 19 -1989'da
19 uygula
n
178
5.Mal , Hizmet ve Gelir Dengesi
Kaynak: IMF databank
-
- 1990-
-
(% 9,4), ihracat a
179 2002-
- larla yeni bir rekor
6.
Kaynak:
180 -
7-128.
Reserve System, USA.
IMF (2013). Sixth Edition of the IMF's Balance of Payments and International Investment Position Manual (BPM6), International Monetary Fund
Economic Review, 102(3): 1-23.
OBSTFELD, M.ve ROGOFF, Amsterdam: North Holland.
OBSTFELD, M. ve ROGOFF, K. (1996). Foundations of International Macroeconomics, MIT Press, ch:1.
-
181
RAZIN, A. (1995). -Optimizing Approach to the Current Account:
-economics of the Open Economy. NJ: Princeton.
SACHS, J. (1981).
-282.