Author/Authors :
BAYDUR, Cem Mehmet Muğla Sıtkı Koçman University - İktisadi ve İdari Bilimler Fakültesi (İİBF) - İktisat Bölümü, Turkey
Abstract :
The aim of CBRT has many: Price stability, Exchange rate stability, financial stability and to correct the balance of payments. Structural characteristics of the economy is very important in achieving the objectives of monetary policy. In recent years, accelerated deterioration of the balance of payments. Inflation did not go to the targeted level. Growth slowed down budget deficits have increased. Increasing budget deficits, increased taxes and prices. Despite the economic difficulties in the exchange rate stability in Turkey takes all of these. Maintain the stability of the exchange rate is very important for CBRT. Exchange rate instability may adversely affect the other objectives of the CBRT. The aim of the article is not examine CBRT s monetary and exchange rate policy. Article inflation, balance of payments and exchange rate problems by looking at the size of the economy attempts to explain the supply. Article, the exchange rate, inflation and balance of payments of tradable and non-tradable sectors and the labor market is based on the analysis: In this study, the Scandinavian / Lindbeck model was used. In Turkey, the stability of exchange rates and prices, was found to be due to increased mark-up rates and falling wages. In addition, the problem of the balance of payments and non-tradable sectors is a result of unbalanced development.
NaturalLanguageKeyword :
Scandinavian , Lindbeck model , tradable and non , tradable sectors , exchange rate
