Research Catalog

Reforming Turkey's Public Expenditure Management

Title: Reforming Turkey's Public Expenditure Management [electronic resource] / Rauf Gönenç, Willi Leibfritz and Erdal Yilmaz
Author: Gönenç, Rauf.
Publication: Paris : OECD Publishing, 2005.

Available Online

Full text online available onsite at NYPL

Details

Additional Authors

Description

61 p.; 21 x 29.7cm.

Summary

Fiscal imbalances were a main cause for chronic high inflation and macroeconomic instability before the 2000/2001 crisis. Fiscal consolidation is the cornerstone of post-crisis stabilization. It has been quite successful over the past three years as sizeable primary surpluses have been sustained and the fall in interest rates has reduced the interest cost of public debt. Fiscal targets have been achieved chiefly by raising revenues which has increased the tax burden; greater emphasis should now be placed on the control of public expenditure. At the same time, core public services such as education, justice, infrastructure and rural development will need to be upgraded. Social security costs may also rise with the planned shift to universal health insurance, and the ambitious administrative decentralization project could cause upward pressure on local spending. Far-reaching rationalization of public expenditures is therefore required to meet the quantitative fiscal targets while ...

Series Statement

OECD Economics Department Working Papers, 1815-1973 ; no.418

Uniform Title

OECD Economics Department Working Papers, no.418.

Subject

LCCN

10.1787/312004242223

OCLC

oecd-lib-001233

Author

Gönenç, Rauf.

Title

Reforming Turkey's Public Expenditure Management [electronic resource] / Rauf Gönenç, Willi Leibfritz and Erdal Yilmaz

Imprint

Paris : OECD Publishing, 2005.

Series

OECD Economics Department Working Papers, 1815-1973 ; no.418

OECD Economics Department Working Papers, 1815-1973 ; no.418.

Connect to:

http://dx.doi.org/10.1787/312004242223

Indexed Term

Economics

Turkey

Added Author

Leibfritz, Willi.

Yilmaz, Erdal.

Other Standard Identifier

10.1787/312004242223 doi

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