External debt, fiscal policy, and sustainable growth in Turkey (English)

Policy-makers in developing countries who try to reduce external debt are engaged in a complicated balancing act. Domestic spending programs could be curtailed to free up funds for the repayment of debt. If less money is invested in industry and infrastructure, however, the growth of industrial output - essential to a healthy economy - could be compromised. The challenge is to determine the set of policies that will maintain solvency and creditworthiness...

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Author

Van Wijnbergen,Sweder;

Anand,Ritu;

Chhibber,Ajay;

De Rezende Rocha,Roberto;
Document Date
1992/03/31
Document Type
Publication
Report Number
10556
Volume No
1
Total Volume(s)
1
Country
Turkiye,
Region
Europe and Central Asia,
Disclosure Date
2010/07/01
Doc Name
External debt, fiscal policy, and sustainable growth in Turkey
Keywords
output growth

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Van Wijnbergen,Sweder; Anand,Ritu; Chhibber,Ajay; De Rezende Rocha,Roberto.

External debt, fiscal policy, and sustainable growth in Turkey (English). Baltimore, MD : The Johns Hopkins University Press. http://documents.worldbank.org/curated/en/884471468779122941

External debt, fiscal policy, and sustainable growth in Turkey (English)

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