Kara, Hakan; Sarıkaya, Çağrı - 2023
range of -0.9% to -1.6% in 2023, suggesting a substantial improvement in the external balance during the past decade … structural component of the CAB. These observations imply that, it may be challenging to lock in the recent gains in the external … balance unless the authorities eventually deliver the necessary cyclical adjustment and restore the credibility of the …