01711cas a2200241 a 4500 AALejournalIMF014834 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498398077 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. Turkey : Selected Issues. Washington, D.C. : International Monetary Fund, 2014. 1 online resource (38 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Selected Issues paper examines the external imbalance situation in Turkey. Turkey's current account deficit is expected to remain elevated at about 5.5 to 6 percent of GDP through 2019. Reducing the deficit to a more sustainable level about 2.5 to 3 percent of GDP should be a key policy priority. Applying the Global Integrated Monetary and Fiscal Model, the paper quantifies the impact of four different approaches in reducing the current account deficit. The analysis shows that policies that directly increase private or public savings can reduce the external imbalance without reducing private investment and that they have relatively modest negative growth implications. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2014/330 Full text available on IMF http://elibrary.imf.org/view/journals/002/2014/330/002.2014.issue-330-en.xml IMF e-Library