FISCAL RULES: AN ASSESSMENT OF PRACTICES IN TURKEY
Journal Title: The Journal of International Social Research - Year 2017, Vol 10, Issue 50
Abstract
The practices of discretionary fiscal policies, in the 1930s when Keynesian thought prevailed, has led to an increase in public spending over time as a result of open-ended policies. The budget deficits and the public debt burden, along with increased spending, have led to a debate on rule based fiscal policies as an alternative, especially after the 1970s. Fiscal rules, defined as restrictions on the summary indicators of financial performance in order to ensure fiscal discipline, have been implicitly applied in the context of IMF programs in Turkey and in various legal regulations. Particularly in the post-2000 period, reforms in the context of public administration reforms and fiscal policy implementations based on tight fiscal discipline have resulted in significant improvements in Turkey's fiscal indicators.
Authors and Affiliations
Mehtap KARAYAZI
Keywords
Related Articles
- EP ID EP255067
- DOI 10.17719/jisr.2017.1708
- Views 119
- Downloads 0
A METAFICTIONAL PLANE IN THE WORK OF DANIEL KEHLMANN’S “FAME: A NOVEL IN NINE EPISODES”
Metafiction is a technique, which revived with Postmodern Literature and began to be mentioned more often. In the study described metafiction technique and was discussed " in the work of Daniel Kehlmann 's “Fame: A Novel...
AN EVALUATION ON HEALTH -SEEKING BEHAVIOR AND ITS SOCIAL DETERMINANTS
Health and disease are among the most basic concepts of human life. With the birth of modern science, phenomenons of health and illness almost completely were abandoned to the positivist science tradition and receded fro...
A VILLAGE BORN FROM ITS ASHES: 1955 FIRE AND RECONSTRUCTION OF DEREBUCAK
Derebucak lies in a region that is very suitable for outbreak and spread of a fire because of nearby forest areas and use of wood in constructions as houses, barns and haylofts. As a result, big fires were encountered in...
THE CRITICS TO ŞEM’Î ON ŞERH-İ BAHÂRİSTAN
Şerh-i Bahâristân is one of two works written in Mehmed Şâkir's description style. The other is the explanation of Mevlana's Mesnevi. There is only one person who wrote complate description for Bahâristân before Mehmed Ş...
THE EFFECT OF VALUE ADDED TAX IN CREDIT SALES TRANSACTIONS
During the credit sales transactions, the companies have to distinguish between the maturity difference amount and the sales amount according to the international accounting standards. According to the Value Added Tax La...