:: Artikel Jurnal :: Kembali

Artikel Jurnal :: Kembali

Turkey's current account deficit problem and integration into the economic and monetary union of the european union / Emre Unal

Unal, Emre; (Graduate School of Economics Kyoto University, 2017)

 Abstrak

ABSTRACT
Most of the countries in the Economic and Monetary Union (EMU) of the Europea Union (EU) experienced currency overvaluation and high production costs betwwen 2003 adn 2011, which increased their current account deficits. Despite not being an EMU member, Turkey's current account dificit increased in parallel with those of most EMU countries. Although Turkey experienced technological upgrades that changed low- and medium-tech industries into mediun- and high-tech industries, increasing exports relative to those of EU countries, it also expereinced a high trade deficit, the highest unit labor cost growth in export goods, an one of the most overvalued currencies. Its high production coast, overvalued currency, and industrialpolicies in he transport equipment industry following technological change combined with insufficient investment in the promotion of low- and medium-tech industries worssened Turkey's trade deficit in the 2000s. Thereofre, to increase its ability to compete with EU economies and reduce its trade deficit, Turkey must implement new instituonal changes to fix its wage rate growth to the productivity growth of export goods and design new policies in those industries where the trade deficid was stimulated.

 Metadata

No. Panggil : 330 KER 86:1-2 (2017)
Entri utama-Nama orang :
Subjek :
Penerbitan : Japan: Graduate School of Economics Kyoto University, 2017
Sumber Pengatalogan : LibUI eng rda
ISSN : 13496786
Majalah/Jurnal : The Kyoto Economic Review: Formerly The Kyoto University Economic Review
Volume : Vol. 86, No. 1-2, 2017: Hal. 1-49
Tipe Konten : text
Tipe Media : unmediated
Tipe Carrier : volume
Akses Elektronik :
Institusi Pemilik : Universitas Indonesia
Lokasi : Perpustakaan UI, Lantai 4, R. Koleksi Jurnal
  • Ketersediaan
  • Ulasan
No. Panggil No. Barkod Ketersediaan
330 KER 86:1-2 (2017) 03-18-880632612 TERSEDIA
Ulasan:
Tidak ada ulasan pada koleksi ini: 20470837