An Assessment of the Public Financial Indicators with Budget Data in Turkey: Review post- 2000
An Assessment of the Public Financial Indicators with Budget Data in Turkey: Review post- 2000

Author(s): Nur Belkıs Bektaş, Özhan Çetinkaya
Subject(s): Public Finances, Fiscal Politics / Budgeting
Published by: Masarykova univerzita nakladatelství
Keywords: Public financial indicators; budget data; primary surplus; public debt; fiscal discipline;
Summary/Abstract: There have been changes in public financial indicators in Turkey after the year of 2000. In this paper, these changes were evaluated together with the budget data. In this context, this paper aims to reveal positive or negative effects of budget data on public financial indicators. The 2008 global financial crisis formed the external direction of the negativity in public financial indicators. In particular, before and after 2008, negative developments have been experienced in public financial indicators except for some years. The 2008 global financial economic crisis had also negative impacts on public financial indicators. Moreover, both general and local elections are a negative factor in public spending discipline in Turkey. Since the local elections, the ruling government has chosen extender budget policies as fiscal policies to win the elections. According to the findings of this study, it was determined that Turkey moved away from the Maastricht criteria after 2008, which stemmed from negative developments in budget data.

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