Publication: A Comparison of the Effects of the IMF Programs Designed to Deal with the Economic Crises in Turkey and Argentina
Abstract
Bu çalışmada 1985'li yıllardan itibaren özellikle dışa açılma çabalarıyla beraber, makro ekonomik dengeleri her zaman problemli bir yapıya sahip olan ülkelerden Arjantin ve Türkiye'nin kriz nedenleri tartışılarak, karşılaştırılmaya çalışılmıştır. Bu ülkelerin IMF destekli programlarla başarılı olup olmadıkları irdelenmiştir. Bu çerçevede çalışma üç ana başlık altında toplanmıştır. Birinci kısımda IMF ' in önerdiği politikaların temel amaçları tartışılmıştır. İkinci kısımda Arjantin'in uyguladığı IMF destekli programların ülkenin ekonomik ve sosyal göstergeleri üzerindeki etkileri araştırılmıştır. Üçüncü kısımda da Türkiye'nin yaşadığı krizler ve IMF'in uyguladığı politikaların etkileri aynı çerçevede incelenmiştir. Sonuçta, bu iki ülkede krizler karşısında uygulanan IMF politikalarının etkileri değerlendirilmiş, ve bu uygulamaların ışığında ülkelerin kendi politikalarını belirlerken dikkat etmeleri gereken hususlar ve almaları gereke dersler ele alınmıştır.
This paper discusses and tries to compare the reasons for the crises of Argentina and Turkey, which have always had problematic structure in terms of macro economic conditions especially from 1985's together with efforts to gain access to foreign markets . It also explains whether these countries achieved success with IMF supported economic programmes. Therefore, the paper consists of three main parts. In the first part, the principal aims of IMF's suggested policies have been discussed. In the second part, the effects of Argentina's application of IMF supported programmes on its economic and social indicators have been analysed.. In the third part, the crises, which Turkey had and the impact of policies ,which IMF carried out, have also been examined from the same perspective. Finally, the effects of IMF's policies, which were introduced against the crises in these two countries have been analysed and in the light of these policies, the points which countries have to consider in determining their policies and the lessons they must learn have been discussed.
This paper discusses and tries to compare the reasons for the crises of Argentina and Turkey, which have always had problematic structure in terms of macro economic conditions especially from 1985's together with efforts to gain access to foreign markets . It also explains whether these countries achieved success with IMF supported economic programmes. Therefore, the paper consists of three main parts. In the first part, the principal aims of IMF's suggested policies have been discussed. In the second part, the effects of Argentina's application of IMF supported programmes on its economic and social indicators have been analysed.. In the third part, the crises, which Turkey had and the impact of policies ,which IMF carried out, have also been examined from the same perspective. Finally, the effects of IMF's policies, which were introduced against the crises in these two countries have been analysed and in the light of these policies, the points which countries have to consider in determining their policies and the lessons they must learn have been discussed.