Interview with Takatoshi Kato: Top IMF official underscores need for flexible exchange rate management in Asia »
Source: IMF Survey, Volume 33, Issue 17
Series: IMF Survey
Author(s): International Monetary Fund. External Relations Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 21 September 2004
Keywords: debt, interest rates, central bank, public debt, fiscal policy
For a few months in late 2000 and early 2001, Turkey hovered on the brink of economic collapse. High inflation, a large public debt, a growing current account deficit, and delays in restructuring the economy trigge...