{"id":14763,"date":"2012-04-29T14:03:30","date_gmt":"2012-04-29T12:03:30","guid":{"rendered":"http:\/\/www.bilgeyatirimci.com\/?p=14763"},"modified":"2012-04-29T14:03:41","modified_gmt":"2012-04-29T12:03:41","slug":"avrupa-ekonomilerinin-acmazi-guven-yok","status":"publish","type":"post","link":"https:\/\/www.bilgeyatirimci.com\/i\/avrupa-ekonomilerinin-acmazi-guven-yok\/","title":{"rendered":"Avrupa Ekonomilerinin A\u00e7maz\u0131: G\u00fcven Yok"},"content":{"rendered":"<p>Son aylarda bor\u00e7lanmada ba\u015f\u0131 belaya girmi\u015f \u00fclkelerden ayn\u0131 ses y\u00fckseliyor: \u201c\u0130stikrara y\u00f6nelik uygulanacak ekonomik program ayn\u0131 zamanda b\u00fcy\u00fcmeyi de hedeflemeli.\u201d Kula\u011fa ho\u015f gelen, ama nas\u0131l olaca\u011f\u0131 \u00e7ok a\u00e7\u0131k olmayan bir dilek.<br \/>\nBor\u00e7 bata\u011f\u0131ndaki \u00fclkelerin kurtulu\u015funun g\u00f6reli bor\u00e7luluklar\u0131n\u0131n azalt\u0131larak b\u00fcy\u00fcmekten ge\u00e7ti\u011fini herkes kabul ediyor. Konunun \u00fczerinde uzla\u015f\u0131lamayan taraf\u0131, bir yandan g\u00f6reli bor\u00e7lulu\u011fu azaltmaya y\u00f6nelik s\u0131k\u0131 maliye politikas\u0131 uygularken ekonomik b\u00fcy\u00fcmenin nas\u0131l ate\u015flenebilece\u011fi.<br \/>\nTeorik olarak bu iki hedefe de ayn\u0131 zamanda ula\u015f\u0131labilir. \u00d6rne\u011fin, T\u00fcrkiye 2001 y\u0131l\u0131ndan sonra bunu ba\u015fard\u0131. Ba\u015farmas\u0131n\u0131n ard\u0131nda, kamu sekt\u00f6r\u00fc talebi d\u00fc\u015ferken, \u00f6zel kesim talebinin artmas\u0131 vard\u0131. T\u00fcrkiye\u2019de 2001 y\u0131l\u0131 sonras\u0131 \u00f6zel kesim talebinin artmas\u0131n\u0131n nedeni, uygulamadaki ekonomik programa ekonomik birimlerin (uluslararas\u0131 finans kesimi dahil) inanmas\u0131yd\u0131. Politikalara g\u00fcven tesis edilmi\u015fti.<\/p><div class=\"bilge-yaziust\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-3320423587\"><ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-7495567325667578\"\r\n     data-ad-slot=\"9580705384\"\r\n     data-ad-format=\"rectangle\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p><strong>TEK YOL PARA BASMAK MI?\u00a0<\/strong><br \/>\nAvrupa\u2019da \u015fimdilik b\u00f6yle bir durum yok. Uygulamadaki programa kimse inanm\u0131yor. Siyaset\u00e7ilere g\u00fcven yok. Bir\u00e7ok \u00fclkede yap\u0131lan se\u00e7imler iktidarlar\u0131 de\u011fi\u015ftiriyor. De\u011fi\u015fen iktidarlar ekonomik birimlere g\u00fcven verme konusunda eskilerinden daha iyi de\u011fil. \u0130\u015fg\u00fcc\u00fc piyasas\u0131 bir\u00e7ok Avrupa \u00fclkesinde \u00e7ok kat\u0131. \u0130\u015fg\u00fcc\u00fc piyasas\u0131n\u0131n kat\u0131l\u0131\u011f\u0131n\u0131 giderme y\u00f6n\u00fcnde gerekli yap\u0131sal reformlar\u0131 uygulamaya koymak siyasi a\u00e7\u0131dan tercih edilen bir konu de\u011fil.<br \/>\nB\u00f6yle bir ortamda, bor\u00e7lanmakta zorlanan Avrupa ekonomileri i\u00e7in \u201cekonomik b\u00fcy\u00fcmeyi g\u00f6z ard\u0131 etmemek\u201c \u015fu anlama geliyor:<br \/>\n1. Bor\u00e7lulu\u011fu azaltmaya y\u00f6nelik s\u0131k\u0131 maliye politikas\u0131 \u00e7ok s\u0131k\u0131 olmamal\u0131.<br \/>\n2. Para politikas\u0131 gev\u015fetilmeli.<br \/>\nSe\u00e7eneklerden birincisi, bor\u00e7lanmakta zorland\u0131klar\u0131 halde, bu \u00fclkelerin daha fazla bor\u00e7lanma ihtiyac\u0131 i\u00e7inde olmalar\u0131 anlam\u0131na geliyor. Piyasa finanse etmiyorsa, bu \u00fclkelerin daha fazla bor\u00e7lanmalar\u0131n\u0131 para otoritesi finanse etmeli sonucuna geliniyor. \u0130kinci se\u00e7enek de birincisiyle ayn\u0131. Daha gev\u015fek para politikas\u0131, bor\u00e7lanmakta zorlanan \u00fclkelerin bono ve tahvillerinin para otoritesi taraf\u0131ndan sat\u0131n al\u0131nmas\u0131 anlam\u0131n\u0131 ta\u015f\u0131yor.<\/p>\n<p>Yaz\u0131n\u0131n devam\u0131 i\u00e7in <strong><a href=\"http:\/\/www.bloomberght.com\/ht-yazarlar\/ercan-kumcu\/1132310-avrupa-ekonomilerinin-acmazi-guven-yok\" target=\"_blank\" data-wpel-link=\"external\" rel=\"nofollow external noopener\">TIKLAYINIZ.<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Son aylarda bor\u00e7lanmada ba\u015f\u0131 belaya girmi\u015f \u00fclkelerden ayn\u0131 ses y\u00fckseliyor: \u201c\u0130stikrara y\u00f6nelik uygulanacak ekonomik program ayn\u0131 zamanda b\u00fcy\u00fcmeyi de hedeflemeli.\u201d Kula\u011fa ho\u015f gelen, ama nas\u0131l&hellip;<\/p>\n","protected":false},"author":675,"featured_media":9441,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-14763","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tumyazilar"],"_links":{"self":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/14763","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/users\/675"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/comments?post=14763"}],"version-history":[{"count":0,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/14763\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media\/9441"}],"wp:attachment":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media?parent=14763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/categories?post=14763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/tags?post=14763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}