Browsing: Turkey Growth

Macro View
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Credit Guarantee Fund: Will It Juice Economy?

Turkish government introduced a new facility so-called ‘Credit Guarantee Fund’ a couple of months ago to boost the economic activity by spurring lending to small and medium size enterprises where majority of the country’s workforce is employed. As is Clear from its name, this is…

Macro View
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The Impact of Credit on Turkey’s Growth

Credit impulse is an economic measure first introduced by Deustche Bank economist Michael Biggs. It is simply the change in new credit issued as a percentage of GDP. The conventional method measure used when associating developments in credit with developments in domestic demand is credit growth…