Bakan, Sumru; Paksoy, Saadettin
June 2005
Ekev Academic Review;Summer2005, Vol. 9 Issue 24, p267
Academic Journal
In this study, after introducing the foundation of IMF, its goals, its structure and the organs committed to IMF and financial possibilities, it is expressed how IMF supplies these financial possibilities mentioned and criticisms raised. In addition, after summarizing IMF-Turkey relations in general with a historical perspective constituting the topic of this study mainly, the current stand-by agreements and letter of intents have been examined. The effects of these stand-by agreements and letter of intents to the Turkish Economy and the evaluation of IMF authorities were examined. In this study, it is concluded that the main reasons of making stand-by agreements with IMF are instabilities of Turkish Economy and the public need of finance. To prevent the debt from IMF continuously, the country needs a strong economic performance with stable, strong belief and a good administration.


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