1 / 15

Reflections on the February 2001 Turkish Crisis: Lessons from a Central Banker’s Perspective

Reflections on the February 2001 Turkish Crisis: Lessons from a Central Banker’s Perspective Opening Lecture by Mr. Süreyya Serdengeçti Governor of the Central Bank of the Republic of Turkey erc/METU International Conference in Economics VI Ankara, September 11, 2002.

abby
Download Presentation

Reflections on the February 2001 Turkish Crisis: Lessons from a Central Banker’s Perspective

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Reflections on the February 2001 Turkish Crisis:Lessons from a Central Banker’s Perspective Opening Lecture by Mr. Süreyya Serdengeçti Governor of the Central Bank of the Republic of Turkey erc/METU International Conference in Economics VI Ankara, September 11, 2002

  2. Table 1.Main Empirical Regularities ofStabilization Programs Central Bank of the Republic of Turkey

  3. Figure 1. Evolution of Capital Flows(US$ million, 12-month cumulative) Central Bank of the Republic of Turkey

  4. Figure 3. Share of Consumer Loans in Total (percent) Figure 2. Growth Rate of Loans (percent, year-on-year) Central Bank of the Republic of Turkey

  5. Figure 5. Growth Rate of Consumption Goods Imports(percent, year-on-year) Figure 4. Evolution of the Current Account Central Bank of the Republic of Turkey

  6. Figure 6. Key Indicators of the Banking Sector Vulnerabilities Central Bank of the Republic of Turkey

  7. Figure 7. Evolution of the Terms of Trade (percent change) Central Bank of the Republic of Turkey

  8. Figure 8. CBRT Interest Rate Quotations at the Money Markets(average, compound) Central Bank of the Republic of Turkey

  9. Figure 9. Liquidity Support Operation forPublic and SDIF Banks Central Bank of the Republic of Turkey

  10. Table 2. Liquidity Support Operation:Sources of O/N Borrowing (TL quadrillion) Central Bank of the Republic of Turkey

  11. Figure 10. Total CBRT Support to Public and SDIF Banks(Outstanding Repo+Outright Purchase, TL trillion) Central Bank of the Republic of Turkey

  12. Figure 11. CBRT F/X Interventions and TL/US$ Rate Central Bank of the Republic of Turkey

  13. Figure 12. Outstanding Repo-Reverse Repo+Interbank Withdrawals (TL trillion) Central Bank of the Republic of Turkey

  14. Table 3. Debt Swap Operation Central Bank of the Republic of Turkey

  15. Reflections on the February 2001 Turkish Crisis:Lessons from a Central Banker’s Perspective Opening Lecture by Mr. Süreyya Serdengeçti Governor of the Central Bank of the Republic of Turkey erc/METU International Conference in Economics VI Ankara, September 11, 2002

More Related