{"status":true,"post":{"id":19013,"user_id":11,"status":1,"type":1,"orde":null,"notification_type":3,"static_post":0,"published_at":"2022-10-24 13:19:27","created_at":"2018-09-23T21:00:00.000000Z","updated_at":"2022-10-24T10:19:27.000000Z","edited_at":"2024-12-17 22:35:21","source_id":null,"post_id":19013,"is_featured":0,"title":"\u2018Yeni\u2019 ekonomi program\u0131 g\u00fcven verdi","slider_title":null,"slider_title_2":null,"slider_spot_title":null,"slider_spot_title_2":null,"home_title":null,"sub_title":null,"category_id":73,"description":null,"content":"  \t\t\t\t\t  \t\t\t\t\t<p><span class=\"large\">T\u00fcrkiye, G20 zirvelerinde \u015fekillenen bir prensip \u00e7er\u00e7evesinde, makro ekonomik alanda 3 y\u0131ll\u0131k stratejik planlar\u0131 kamuoyu ile payla\u015fma ve Finansal \u0130stikrar Komitesi\u2019nin kurulmas\u0131 konusunda ilk harekete ge\u00e7en \u00fclkeydi. Bu vesileyle ilki 2005 y\u0131l\u0131nda olmak \u00fczere 13 Orta Vadeli Program (OVP) yay\u0131nlad\u0131k. Bununla birlikte, son 3 OVP i\u00e7eri\u011fi itibariyle bir yeknesakl\u0131k, b\u00fcy\u00fcme, istihdam, cari a\u00e7\u0131k, enflasyon ve b\u00fct\u00e7e dengeleri a\u00e7\u0131s\u0131ndan makro ekonomik b\u00fcy\u00fckl\u00fc\u011fe dair hedeflerde tutars\u0131zl\u0131k ortaya koymaya ba\u015flam\u0131\u015ft\u0131. Bu nedenle, 3 y\u0131ll\u0131k makro stratejik plan\u0131n ad\u0131n\u0131n \u2018Yeni Ekonomi Program\u0131\u2019 olarak tazelenmesi ve i\u00e7eri\u011finin g\u00fc\u00e7lendirilmesi, 2019-2021 y\u0131llar\u0131 i\u00e7in makro ekonomik hedefler aras\u0131ndaki tutarl\u0131l\u0131\u011f\u0131n g\u00f6zetilmi\u015f olmas\u0131; ayaklar\u0131 yere basan, ger\u00e7ek\u00e7i bir program\u0131n dizayn edilmi\u015f olmas\u0131 hayli \u00f6nemli.<\/span><\/p>  <p><span class=\"large\"><strong>GER\u00c7EK\u00c7\u0130 B\u00dcY\u00dcME HEDEFLER\u0130<\/strong><\/span><\/p>  <p><span class=\"large\">2018 y\u0131l\u0131n\u0131n b\u00fct\u00fcn\u00fc i\u00e7in y\u00fczde 3.8\u2019lik b\u00fcy\u00fcme tahmini, y\u0131l\u0131n ilk yar\u0131s\u0131nda T\u00fcrkiye\u2019nin y\u00fczde 6\u2019n\u0131n \u00fczerinde b\u00fcy\u00fcd\u00fc\u011f\u00fc dikkate al\u0131nd\u0131\u011f\u0131nda, 2018\u2019in ikinci yar\u0131s\u0131 i\u00e7in y\u00fczde 1.2 ile 1.4 aras\u0131nda bir 6 ayl\u0131k ortalama b\u00fcy\u00fcme \u00f6ng\u00f6r\u00fcld\u00fc\u011f\u00fcn\u00fc; bu nedenle <\/span><span class=\"large\">3. \u00e7eyrek pozitif olsa da, 4. \u00e7eyrekte negatif b\u00fcy\u00fcme ihtimalinin ekonomi y\u00f6netimi taraf\u0131ndan da dikkate al\u0131nd\u0131\u011f\u0131n\u0131 g\u00f6steriyor. Bu noktada, fiyat ve finansal istikrar\u0131 sa\u011flayacak, ekonomide hane halk\u0131, \u00f6zel sekt\u00f6r ve kamu tasarruflar\u0131n\u0131n artmas\u0131n\u0131, kamu mali disiplininin ayn\u0131 dirayetle s\u00fcrd\u00fcr\u00fclmesini m\u00fcmk\u00fcn k\u0131lacak 2019-2020 d\u00f6nemi i\u00e7in y\u00fczde 2.3 ve y\u00fczde 3.5 GSYH b\u00fcy\u00fcme h\u0131z\u0131 hedefleri son derece ger\u00e7ek\u00e7i. Bu iki y\u0131l\u0131n b\u00fcy\u00fcmesi y\u00fczde 1 civar\u0131na \u00e7ekilerek; istihdamda art\u0131\u015f hayli s\u0131n\u0131rland\u0131r\u0131larak, kamuda mali disiplini g\u00fc\u00e7lendirecek \u015fekilde, faiz d\u0131\u015f\u0131 fazlay\u0131 daha yukar\u0131da bir seviyeden belirleyerek, ko\u015fullar\u0131 hayli a\u011f\u0131r bir program da dizayn edilebilirdi.<\/span><\/p>  <p><span class=\"large\"><strong>YEN\u0130 KURUMLAR ALAN A\u00c7ACAK<\/strong><\/span><\/p>  <p><span class=\"large\">Ancak, 2020\u2019in ikinci yar\u0131s\u0131ndan itibaren ko\u015fullar\u0131n daha da bozulmas\u0131ndan endi\u015fe duyulan k\u00fcresel ekonomik sistemden gelecek olumsuz dalgalara kar\u015f\u0131 T\u00fcrkiye ekonomisini b\u00fct\u00fcn\u00fcyle nefessiz ve g\u00fc\u00e7s\u00fcz b\u0131rakacak bir program, sebep oldu\u011fu fakirlik, i\u015fsizlik ve k\u00fcresel dalgalar nedeniyle 2021 ve sonras\u0131n\u0131 daha da y\u00f6netilemez hale getirirdi. Bu nedenle, T\u00fcrkiye ekonomisinin ihtiya\u00e7 duyaca\u011f\u0131 minimum \u2018oksijen\u2019 ko\u015fullar\u0131 dikkate al\u0131narak \u2018vah\u015fi\u2019 de\u011fil, kararl\u0131 bir program\u0131n dizayn edildi\u011fi g\u00f6zleniyor.<\/span><\/p>  <p><span class=\"large\">Yeni Ekonomi Program\u0131\u2019n\u0131n (YEP) tek eksik oldu\u011fu, ek detay talep edilen konu ise reel sekt\u00f6r ile bankac\u0131l\u0131k sekt\u00f6r\u00fc aras\u0131nda kredilerin yeniden yap\u0131land\u0131r\u0131lmas\u0131n\u0131, finansman kanal\u0131n\u0131n h\u0131zla normalle\u015fmesini sa\u011flayacak ad\u0131mlar\u0131n hen\u00fcz netle\u015fmemi\u015f olmas\u0131. Ekonomistlerin tamam\u0131na yak\u0131n bir b\u00f6l\u00fcm\u00fc, ger\u00e7ek\u00e7i, hedefleri birbiriyle tutarl\u0131 bu program\u0131n, \u2018dengeleme-disiplin\u2019 d\u00f6neminin ba\u015far\u0131s\u0131n\u0131n, Finansal \u0130stikrar ve Kalk\u0131nma Komitesi, Kamu Maliyesi De\u011fi\u015fim ve D\u00f6n\u00fc\u015f\u00fcm Ofisi gibi yeni kurumlar\u0131n hayat bulmas\u0131n\u0131n, daha y\u00fcksek bir katma de\u011fere odakl\u0131 \u00fcretim ve ihracat\u0131n \u00f6n\u00fcn\u00fc a\u00e7acak \u2018d\u00f6n\u00fc\u015f\u00fcm\u2019e m\u00fckemmel bir alan a\u00e7aca\u011f\u0131na inan\u0131yorlar.<\/span><\/p>  <p><span class=\"large\"><strong>ABD \u2018K\u00dcRESEL STAGFLASYON\u2019U TET\u0130KLEYEB\u0130L\u0130R<\/strong><\/span><\/p>  <p><span class=\"large\">Ba\u015fkan Trump\u2019\u0131n temsiliyetinde, bug\u00fcnk\u00fc ABD y\u00f6netiminin uluslararas\u0131 d\u00fczeyde ve \u00fclke i\u00e7inde izledi\u011fi ekonomi politikalar\u0131, 76 ya\u015f\u0131ndaki finans\u00e7\u0131 Jim Rogers\u2019dan \u2018kahin\u2019 olarak adland\u0131r\u0131lan Nouriel Roubini\u2019ye kadar pek \u00e7ok sayg\u0131n ismi endi\u015fe ettiriyor. 50 y\u0131ld\u0131r yerel ve k\u00fcresel finans piyasas\u0131nda \u00e7al\u0131\u015fm\u0131\u015f olan Rogers, t\u00fcm \u00e7al\u0131\u015fma hayat\u0131 boyunca g\u00f6rmedi\u011fi kadar \u2018k\u00f6t\u00fc\u2019 bir \u2018ay\u0131 piyasas\u0131\u2019, yani hisse senedi ve tahvillerin a\u011f\u0131r sat\u0131\u015f dalgas\u0131yla kar\u015f\u0131 kar\u015f\u0131ya kalaca\u011f\u0131 bir k\u00fcresel ortama s\u00fcr\u00fcklenilmekte olundu\u011fu endi\u015felerini payla\u015ft\u0131.<\/span><\/p>  <p><span class=\"large\">Roubini\u2019ye g\u00f6re ise ABD ve k\u00fcresel hisse senedi piyasalar\u0131nda k\u00f6p\u00fck var. ABD\u2019de hisse senetlerinin fiyat\/kazan\u00e7 oranlar\u0131 tarihi ortalamalar\u0131n y\u00fczde 50 \u00fczerine \u00e7\u0131km\u0131\u015f durumda ve ABD Hazine tahvilleri a\u015f\u0131r\u0131 pahal\u0131. T\u00fcrkiye, forex piyasas\u0131 i\u00e7in \u00f6nemli tedbirler ald\u0131, riski savu\u015fturdu. Buna kar\u015f\u0131l\u0131k Roubini, baz\u0131 geli\u015fen ve geli\u015fmi\u015f piyasalarda kulland\u0131r\u0131lm\u0131\u015f kald\u0131ra\u00e7 oranlar\u0131n\u0131n a\u015f\u0131r\u0131 y\u00fcksek oldu\u011fu riskine i\u015faret ediyor ve \u2018k\u00fcresel f\u0131rt\u0131na bulutlar\u0131\u2019 yakla\u015fmaya ba\u015flad\u0131\u011f\u0131nda geli\u015fmekte olan \u00fclke hisse senedi piyasalar\u0131, emtialar, sabit getirili varl\u0131klarda da d\u00fczeltmenin devam edece\u011fi uyar\u0131s\u0131nda bulunuyor. Bu nedenle, gelece\u011fi fiyatlayan yat\u0131r\u0131mc\u0131lar, 2020\u2019de b\u00fcy\u00fcmenin yava\u015flamas\u0131n\u0131 bekleyecek ve piyasalar 2019\u2019da riskli varl\u0131klar\u0131 yeniden fiyatland\u0131racak.<\/span><\/p>  <p><span class=\"large\">T\u00fcm sayg\u0131n isimler, ABD\u2019nin tetikledi\u011fi ticaret ve kur sava\u015f\u0131n\u0131n k\u00fcresel enflasyonu y\u00fckseltece\u011fine, \u00f6nde gelen geli\u015fmi\u015f ve geli\u015fmekte olan \u00fclkelerin merkez bankalar\u0131n\u0131n bu nedenle faiz oranlar\u0131n\u0131 y\u00fckseltece\u011fine, k\u00fcresel likiditenin, yani d\u00fcnya ticaretinde ve finans alan\u0131ndaki para miktar\u0131n\u0131n daralaca\u011f\u0131na i\u015faret ediyorlar. T\u00fcm bu \u2018negatif\u2019 tablonun, enflasyondaki y\u00fckselme yetmezmi\u015f gibi k\u00fcresel \u00fcretimi, b\u00fcy\u00fcmeyi ve ticareti olumsuz y\u00f6nde etkileyece\u011fi, i\u015fsizli\u011fi ciddi manada art\u0131raca\u011f\u0131; yani, d\u00fcnya ekonomisini \u2018k\u00fcresel stagflasyon\u2019 ko\u015fullar\u0131na itece\u011fi endi\u015fesi t\u0131rmanm\u0131\u015f durumda.<\/span><\/p>  \t\t\t\t","slug":"yeni-ekonomi-programi-guven-verdi","tags":"K\u00f6\u015fe Yaz\u0131s\u0131","meta_title":"\u2018Yeni\u2019 ekonomi program\u0131 g\u00fcven verdi","meta_description":"Prof. Dr. Kerem Alkin","meta_keywords":"K\u00f6\u015fe Yaz\u0131s\u0131","news_cover_min":null,"news_cover":null,"news_video_min":null,"news_video":null,"view_count":100,"cropped_1200x675":null,"user":{"id":11,"name":"KEREM","surname":"ALK\u0130N","email":"irem05@daglaroglu.com","slug":"prof-dr-kerem-alkin","avatar":"\/front\/uploads\/avatar\/17336916000GNrERW0ucj2Ja7.webp","status":1,"role":1,"email_verified_at":null,"orde":null,"created_at":"2022-09-15T09:39:41.000000Z","updated_at":"2024-12-18T09:50:43.000000Z","seo_title":null,"seo_description":null},"translations":[{"id":19112,"is_featured":0,"is_amp":0,"is_ads":0,"ads_link":null,"post_id":19013,"locale":"tr","category_id":73,"title":"\u2018Yeni\u2019 ekonomi program\u0131 g\u00fcven verdi","home_title":null,"sub_title":null,"slider_title":null,"slider_title_2":null,"slider_spot_title":null,"slider_spot_title_2":null,"subtitleuse":0,"description":null,"content":"  \t\t\t\t\t  \t\t\t\t\t<p><span class=\"large\">T\u00fcrkiye, G20 zirvelerinde \u015fekillenen bir prensip \u00e7er\u00e7evesinde, makro ekonomik alanda 3 y\u0131ll\u0131k stratejik planlar\u0131 kamuoyu ile payla\u015fma ve Finansal \u0130stikrar Komitesi\u2019nin kurulmas\u0131 konusunda ilk harekete ge\u00e7en \u00fclkeydi. Bu vesileyle ilki 2005 y\u0131l\u0131nda olmak \u00fczere 13 Orta Vadeli Program (OVP) yay\u0131nlad\u0131k. Bununla birlikte, son 3 OVP i\u00e7eri\u011fi itibariyle bir yeknesakl\u0131k, b\u00fcy\u00fcme, istihdam, cari a\u00e7\u0131k, enflasyon ve b\u00fct\u00e7e dengeleri a\u00e7\u0131s\u0131ndan makro ekonomik b\u00fcy\u00fckl\u00fc\u011fe dair hedeflerde tutars\u0131zl\u0131k ortaya koymaya ba\u015flam\u0131\u015ft\u0131. Bu nedenle, 3 y\u0131ll\u0131k makro stratejik plan\u0131n ad\u0131n\u0131n \u2018Yeni Ekonomi Program\u0131\u2019 olarak tazelenmesi ve i\u00e7eri\u011finin g\u00fc\u00e7lendirilmesi, 2019-2021 y\u0131llar\u0131 i\u00e7in makro ekonomik hedefler aras\u0131ndaki tutarl\u0131l\u0131\u011f\u0131n g\u00f6zetilmi\u015f olmas\u0131; ayaklar\u0131 yere basan, ger\u00e7ek\u00e7i bir program\u0131n dizayn edilmi\u015f olmas\u0131 hayli \u00f6nemli.<\/span><\/p>  <p><span class=\"large\"><strong>GER\u00c7EK\u00c7\u0130 B\u00dcY\u00dcME HEDEFLER\u0130<\/strong><\/span><\/p>  <p><span class=\"large\">2018 y\u0131l\u0131n\u0131n b\u00fct\u00fcn\u00fc i\u00e7in y\u00fczde 3.8\u2019lik b\u00fcy\u00fcme tahmini, y\u0131l\u0131n ilk yar\u0131s\u0131nda T\u00fcrkiye\u2019nin y\u00fczde 6\u2019n\u0131n \u00fczerinde b\u00fcy\u00fcd\u00fc\u011f\u00fc dikkate al\u0131nd\u0131\u011f\u0131nda, 2018\u2019in ikinci yar\u0131s\u0131 i\u00e7in y\u00fczde 1.2 ile 1.4 aras\u0131nda bir 6 ayl\u0131k ortalama b\u00fcy\u00fcme \u00f6ng\u00f6r\u00fcld\u00fc\u011f\u00fcn\u00fc; bu nedenle <\/span><span class=\"large\">3. \u00e7eyrek pozitif olsa da, 4. \u00e7eyrekte negatif b\u00fcy\u00fcme ihtimalinin ekonomi y\u00f6netimi taraf\u0131ndan da dikkate al\u0131nd\u0131\u011f\u0131n\u0131 g\u00f6steriyor. Bu noktada, fiyat ve finansal istikrar\u0131 sa\u011flayacak, ekonomide hane halk\u0131, \u00f6zel sekt\u00f6r ve kamu tasarruflar\u0131n\u0131n artmas\u0131n\u0131, kamu mali disiplininin ayn\u0131 dirayetle s\u00fcrd\u00fcr\u00fclmesini m\u00fcmk\u00fcn k\u0131lacak 2019-2020 d\u00f6nemi i\u00e7in y\u00fczde 2.3 ve y\u00fczde 3.5 GSYH b\u00fcy\u00fcme h\u0131z\u0131 hedefleri son derece ger\u00e7ek\u00e7i. Bu iki y\u0131l\u0131n b\u00fcy\u00fcmesi y\u00fczde 1 civar\u0131na \u00e7ekilerek; istihdamda art\u0131\u015f hayli s\u0131n\u0131rland\u0131r\u0131larak, kamuda mali disiplini g\u00fc\u00e7lendirecek \u015fekilde, faiz d\u0131\u015f\u0131 fazlay\u0131 daha yukar\u0131da bir seviyeden belirleyerek, ko\u015fullar\u0131 hayli a\u011f\u0131r bir program da dizayn edilebilirdi.<\/span><\/p>  <p><span class=\"large\"><strong>YEN\u0130 KURUMLAR ALAN A\u00c7ACAK<\/strong><\/span><\/p>  <p><span class=\"large\">Ancak, 2020\u2019in ikinci yar\u0131s\u0131ndan itibaren ko\u015fullar\u0131n daha da bozulmas\u0131ndan endi\u015fe duyulan k\u00fcresel ekonomik sistemden gelecek olumsuz dalgalara kar\u015f\u0131 T\u00fcrkiye ekonomisini b\u00fct\u00fcn\u00fcyle nefessiz ve g\u00fc\u00e7s\u00fcz b\u0131rakacak bir program, sebep oldu\u011fu fakirlik, i\u015fsizlik ve k\u00fcresel dalgalar nedeniyle 2021 ve sonras\u0131n\u0131 daha da y\u00f6netilemez hale getirirdi. Bu nedenle, T\u00fcrkiye ekonomisinin ihtiya\u00e7 duyaca\u011f\u0131 minimum \u2018oksijen\u2019 ko\u015fullar\u0131 dikkate al\u0131narak \u2018vah\u015fi\u2019 de\u011fil, kararl\u0131 bir program\u0131n dizayn edildi\u011fi g\u00f6zleniyor.<\/span><\/p>  <p><span class=\"large\">Yeni Ekonomi Program\u0131\u2019n\u0131n (YEP) tek eksik oldu\u011fu, ek detay talep edilen konu ise reel sekt\u00f6r ile bankac\u0131l\u0131k sekt\u00f6r\u00fc aras\u0131nda kredilerin yeniden yap\u0131land\u0131r\u0131lmas\u0131n\u0131, finansman kanal\u0131n\u0131n h\u0131zla normalle\u015fmesini sa\u011flayacak ad\u0131mlar\u0131n hen\u00fcz netle\u015fmemi\u015f olmas\u0131. Ekonomistlerin tamam\u0131na yak\u0131n bir b\u00f6l\u00fcm\u00fc, ger\u00e7ek\u00e7i, hedefleri birbiriyle tutarl\u0131 bu program\u0131n, \u2018dengeleme-disiplin\u2019 d\u00f6neminin ba\u015far\u0131s\u0131n\u0131n, Finansal \u0130stikrar ve Kalk\u0131nma Komitesi, Kamu Maliyesi De\u011fi\u015fim ve D\u00f6n\u00fc\u015f\u00fcm Ofisi gibi yeni kurumlar\u0131n hayat bulmas\u0131n\u0131n, daha y\u00fcksek bir katma de\u011fere odakl\u0131 \u00fcretim ve ihracat\u0131n \u00f6n\u00fcn\u00fc a\u00e7acak \u2018d\u00f6n\u00fc\u015f\u00fcm\u2019e m\u00fckemmel bir alan a\u00e7aca\u011f\u0131na inan\u0131yorlar.<\/span><\/p>  <p><span class=\"large\"><strong>ABD \u2018K\u00dcRESEL STAGFLASYON\u2019U TET\u0130KLEYEB\u0130L\u0130R<\/strong><\/span><\/p>  <p><span class=\"large\">Ba\u015fkan Trump\u2019\u0131n temsiliyetinde, bug\u00fcnk\u00fc ABD y\u00f6netiminin uluslararas\u0131 d\u00fczeyde ve \u00fclke i\u00e7inde izledi\u011fi ekonomi politikalar\u0131, 76 ya\u015f\u0131ndaki finans\u00e7\u0131 Jim Rogers\u2019dan \u2018kahin\u2019 olarak adland\u0131r\u0131lan Nouriel Roubini\u2019ye kadar pek \u00e7ok sayg\u0131n ismi endi\u015fe ettiriyor. 50 y\u0131ld\u0131r yerel ve k\u00fcresel finans piyasas\u0131nda \u00e7al\u0131\u015fm\u0131\u015f olan Rogers, t\u00fcm \u00e7al\u0131\u015fma hayat\u0131 boyunca g\u00f6rmedi\u011fi kadar \u2018k\u00f6t\u00fc\u2019 bir \u2018ay\u0131 piyasas\u0131\u2019, yani hisse senedi ve tahvillerin a\u011f\u0131r sat\u0131\u015f dalgas\u0131yla kar\u015f\u0131 kar\u015f\u0131ya kalaca\u011f\u0131 bir k\u00fcresel ortama s\u00fcr\u00fcklenilmekte olundu\u011fu endi\u015felerini payla\u015ft\u0131.<\/span><\/p>  <p><span class=\"large\">Roubini\u2019ye g\u00f6re ise ABD ve k\u00fcresel hisse senedi piyasalar\u0131nda k\u00f6p\u00fck var. ABD\u2019de hisse senetlerinin fiyat\/kazan\u00e7 oranlar\u0131 tarihi ortalamalar\u0131n y\u00fczde 50 \u00fczerine \u00e7\u0131km\u0131\u015f durumda ve ABD Hazine tahvilleri a\u015f\u0131r\u0131 pahal\u0131. T\u00fcrkiye, forex piyasas\u0131 i\u00e7in \u00f6nemli tedbirler ald\u0131, riski savu\u015fturdu. Buna kar\u015f\u0131l\u0131k Roubini, baz\u0131 geli\u015fen ve geli\u015fmi\u015f piyasalarda kulland\u0131r\u0131lm\u0131\u015f kald\u0131ra\u00e7 oranlar\u0131n\u0131n a\u015f\u0131r\u0131 y\u00fcksek oldu\u011fu riskine i\u015faret ediyor ve \u2018k\u00fcresel f\u0131rt\u0131na bulutlar\u0131\u2019 yakla\u015fmaya ba\u015flad\u0131\u011f\u0131nda geli\u015fmekte olan \u00fclke hisse senedi piyasalar\u0131, emtialar, sabit getirili varl\u0131klarda da d\u00fczeltmenin devam edece\u011fi uyar\u0131s\u0131nda bulunuyor. Bu nedenle, gelece\u011fi fiyatlayan yat\u0131r\u0131mc\u0131lar, 2020\u2019de b\u00fcy\u00fcmenin yava\u015flamas\u0131n\u0131 bekleyecek ve piyasalar 2019\u2019da riskli varl\u0131klar\u0131 yeniden fiyatland\u0131racak.<\/span><\/p>  <p><span class=\"large\">T\u00fcm sayg\u0131n isimler, ABD\u2019nin tetikledi\u011fi ticaret ve kur sava\u015f\u0131n\u0131n k\u00fcresel enflasyonu y\u00fckseltece\u011fine, \u00f6nde gelen geli\u015fmi\u015f ve geli\u015fmekte olan \u00fclkelerin merkez bankalar\u0131n\u0131n bu nedenle faiz oranlar\u0131n\u0131 y\u00fckseltece\u011fine, k\u00fcresel likiditenin, yani d\u00fcnya ticaretinde ve finans alan\u0131ndaki para miktar\u0131n\u0131n daralaca\u011f\u0131na i\u015faret ediyorlar. T\u00fcm bu \u2018negatif\u2019 tablonun, enflasyondaki y\u00fckselme yetmezmi\u015f gibi k\u00fcresel \u00fcretimi, b\u00fcy\u00fcmeyi ve ticareti olumsuz y\u00f6nde etkileyece\u011fi, i\u015fsizli\u011fi ciddi manada art\u0131raca\u011f\u0131; yani, d\u00fcnya ekonomisini \u2018k\u00fcresel stagflasyon\u2019 ko\u015fullar\u0131na itece\u011fi endi\u015fesi t\u0131rmanm\u0131\u015f durumda.<\/span><\/p>  \t\t\t\t","slug":"yeni-ekonomi-programi-guven-verdi","orjinalimage":null,"news_cover_min":null,"news_cover":null,"news_video_min":null,"news_video":null,"cropped_638x552":null,"cropped_310x208":null,"cropped_416x247":null,"cropped_197x247":null,"cropped_416x600":null,"cropped_1200x675":null,"tags":"K\u00f6\u015fe Yaz\u0131s\u0131","meta_title":"\u2018Yeni\u2019 ekonomi program\u0131 g\u00fcven verdi","meta_description":"Prof. Dr. Kerem Alkin","meta_keywords":"K\u00f6\u015fe Yaz\u0131s\u0131","view_count":100,"yt":0,"ytid":"","ytimage":null,"imgdate":"2000-01-01 00:00:00","cuff_cover":null,"cropped_358x214":null,"cropped_842x474":null}]}}