Assessment of public deficit, money creation and inflation problems in Turkey: 2010-2020


Abstract views: 297 / PDF downloads: 175

Authors

DOI:

https://doi.org/10.55094/hoec.2177

Keywords:

Public Deficit, Money Creation, Money Supply, Inflation, Economic Growth

Abstract

Turkey has faced economic problems such as public deficit, money creation, and inflation between 2010 and 2020. Public deficit is a situation where government expenditures exceed its revenues. In Turkey, the fiscal deficit has consistently remained high during these years, increasing the government’s borrowing needs. Money creation is a situation that arises when the central bank increases its money supply. The resulting abundance of money from the central bank has led to rising prices and decreased purchasing power for citizens. Money supply has continuously increased in Turkey over the past decade, which has also triggered inflation. These findings have been reached through a literature review. In conclusion, economic issues such as public debt, money creation, and inflation are closely related to each other and are factors that negatively affect economic growth. Turkey needs to develop policies and undertake economic reforms to address these problems.

Downloads

Download data is not yet available.

References

AKDİS, M . ( 2006), C ari Açık Kriz Habercisi mi?, http://makdis.pau.edu.tr/currentdeficit.htm, (Erişim Tarihi: 25.03.2023).

BLEJER, M. I.& CHEASTY, A. (1999), “Malî Açık Nasıl Ölçülür?”, Çeviren: Hüseyin ŞEN, Maliye Dergisi, Sayı:131, Ağustos.

CAGAN, P. (1979). Persistent Inflation : Historical and Political Essays. New York: Columbia University Press.

CEYLAN, O. (2014), https://piyasarehberi.org/ekonomi/64-enflasyon-turleri-nelerdir, (Erişim Tarihi: 08.04.2023)

DİNLER, Z. (2001) İktisada Giriş, 7. Bs., Bursa, Ekin Yayınevi.

DİNLER, Z. (2005), İktisada Giriş. Bursa: Ekin Yayınevi.

DİNLER, Z. (2013). İktisada Giriş (9. Baskı). Bursa: Ekin Kitapevi Yayınları.

EĞİLMEZ, Mahfi (2018), Para Arzı Nedir ve Nasıl Ölçülür?, https://www.mahfiegilmez.com/2018/07/para-arz-nedir-ve-nasl-olculur.html,(Erişim Tarihi: 29.03.2023).

EJDER, H. L. (2002), “Kamu Açıkları ile Enflasyon Arasındaki İlişkinin Analizi ve Değerlendirilmesi”, Gazi Üniversitesi İ.İ.B.F Dergisi, Cilt: 3, s. 189-208.

FRISCH, H. (1984). Theories of Inflation. Cambridge: Cambridge Surveys of Economic Literature.

FRY, M. J. (1997), Emancipating the Banking System and Developing Markets for Government Debt, Published by Routledge, London.

GURLEY, J.G.& SHAW, E.S. (1964), Money in a Theory of Finance, The Brook Ins.,Washington.

KÖKLÜ, A. (1988). Para Politikası. Bursa: Haşet Kitabevi.

ÖNDER, İ. & KİRMANOĞLU, H. (1996), “Kamu Açıklarının Tanımlanması, Ölçümü ve Etkileri”, Kamu Kesimi Finansman Açıkları, X. Türkiye Maliye Sempozyumu 14 - 18 Mayıs 1994, İÜ İktisat Fakültesi Maliye Araştırma Merkezi Yayın No. 554/80, İstanbul, s. 33 - 59.

SAUNDERS, P.& GILLIARD, J.V. (2000). A Framework For Teaching Basic Economic Concepts with Scope and Sequence Guidelines K-12. USA: National Council on Economic Education.

ŞEN, H., SAĞBAŞ, İ. & KESKİN, A. (2007), Bütçe Açıkları ve Açık Finansman Politikası, Teori ve Türkiye Uygulaması, Ankara.

TANZI, V.,BLEJER, M. I. &TEIJEIRO, M. 0. (1987), Inflation and The Measurement of Fiscal Deficits, IMF Staff Papers, Vol. 34, No. 4, December, s. 711-738.

TÜRK, İ. (2005). Maliye Politikası. Ankara: Turhan Kitapevi. TCMB İstatistik Genel Müdürlüğü, Parasal ve Finansal Veriler Müdürlüğü, https://evds2.tcmb.gov.tr/index.php?/evds/dashboard/311, (Erişim Tarihi: 10.04.2023).

Türkiye İstatistik Kurumu (TÜİK), https://www.tuik.gov.tr/, (Erişim Tarihi: 12.04.2023).

Türkiye Cumhuriyet Merkez Bankası (TCMB), https://www.tcmb.gov.tr/, (ErişimTarihi: 13.04.2023).

Türkiye İstatistik Kurumu (TÜİK), https://www.tuik.gov.tr/, (Erişim Tarihi: 14.04.2023).

ULUSOY, A. (2006), Maliye Politikası, Konya: Üçyol Kitapevi.

WRIGHTSMAN, D. (1971), An Introduction to Monetary and Policy, Pree Press, New York.

Published

2023-10-04

How to Cite

Erdoğan, Z. (2023). Assessment of public deficit, money creation and inflation problems in Turkey: 2010-2020. HOLISTIC ECONOMICS, 2(2), 73–84. https://doi.org/10.55094/hoec.2177

Issue

Section

Articles