Türkiye’de Koşullu Yükümlülüklerin Kamu Finansman Açıkları Üzerine Etkileri

Duran Bülbül and Selin ERTÜRK Atabey

Sosyoekonomi Journal, 2010, issue 2010-1

Abstract: Keynesian Economic Model is proposing much more government intervention to the economic life and having started to be accepted from the aftermath of 1929 economic crisis. With the effect of this model the share of government-owned organizations in the national economy has raised. Public expenses expand as a result of this rising. To get rid of increasing expanses taxes, domestic borrowing and emission became inadequate to fulfill increasing expenses. So, governments have resorted to external borrowings. Share increase of government-owned organization in the economy is also affected by contingent liabilities which cannot be unforeseen in the government budget. This situation leads unexpected fiscal deficits in the government budget. In this study, financial risks and contingent liabilities will be classified to determine contingent liabilities originated risks and the effects of these risks on the government finance deficit.

Keywords: Contingent Liabilities; Fiscal Deficit; Debt Management; Turkey. (search for similar items in EconPapers)
JEL-codes: H60 H62 H63 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:sos:sosjrn:100104

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