{"id":14821,"date":"2012-04-30T13:26:56","date_gmt":"2012-04-30T11:26:56","guid":{"rendered":"http:\/\/www.bilgeyatirimci.com\/?p=14821"},"modified":"2012-04-30T13:27:04","modified_gmt":"2012-04-30T11:27:04","slug":"kemer-sikma-ve-buyume","status":"publish","type":"post","link":"https:\/\/www.bilgeyatirimci.com\/i\/kemer-sikma-ve-buyume\/","title":{"rendered":"Kemer S\u0131kma ve B\u00fcy\u00fcme"},"content":{"rendered":"

K\u00fcresel krizden etkilenen ekonomilerin d\u00fczelmesi ve b\u00fcy\u00fcmelerinin tekrar ivme kazanmas\u0131 i\u00e7in ne yap\u0131lmas\u0131 gerekti\u011fi konusunda tart\u0131\u015fmalar s\u00fcr\u00fcyor.
\nKlasik yakla\u015f\u0131m \u00f6nce gelirlerin art\u0131r\u0131lmas\u0131na ya da harcamalar\u0131n k\u0131s\u0131lmas\u0131na dayal\u0131 kemer s\u0131kma \u00f6nlemlerinin uygulamaya konulmas\u0131 ve bunun sonucunda d\u00fczelecek mali dengeler \u00fczerine b\u00fcy\u00fcmenin oturtulmas\u0131 g\u00f6r\u00fc\u015f\u00fcne dayan\u0131yor.
\nNe var ki bu t\u00fcr kemer s\u0131kmalarla b\u00fcy\u00fcmenin ger\u00e7ekle\u015fmeyece\u011fi, kamu maliyesi batak durumdayken makroekonomi dersinde \u00f6\u011fretilenlerle i\u015fin i\u00e7inden \u00e7\u0131k\u0131lmayaca\u011f\u0131 art\u0131k iyiden iyiye anla\u015f\u0131lmaya ba\u015fland\u0131.
\nYunanistan krizinde bu konuda ortaya at\u0131lan teredd\u00fctler, \u015fimdi \u0130spanya ile devam ediyor. \u0130ngiltere ve ABD i\u00e7in de konu enine boyuna tart\u0131\u015f\u0131l\u0131yor.
\nSadece kamu maliyesindeki sorunlar\u0131 \u00e7\u00f6zerek ya da piyasalara likidite sa\u011flayarak b\u00fcy\u00fcmenin ray\u0131na oturtulmas\u0131 g\u00f6r\u00fc\u015f\u00fcne art\u0131k ku\u015fkuyla bak\u0131l\u0131yor.
\nNedenlerini s\u0131ralayal\u0131m:
\n\u25a0 Kemer s\u0131kma k\u0131sa d\u00f6nemde b\u00fcy\u00fcmeyi d\u00fc\u015f\u00fcr\u00fcr.
\n\u25a0 Bankac\u0131l\u0131k sekt\u00f6r\u00fc zor durumdayken maliye politikas\u0131 d\u00fczg\u00fcn \u00e7al\u0131\u015famaz. Bu ger\u00e7ek son krizde bir kez daha ortaya \u00e7\u0131kt\u0131.
\n\u25a0 Finans kesiminde sorunlar devam ederken kemer s\u0131kma ile b\u00fcy\u00fcmenin ger\u00e7ekle\u015fmesi uzun d\u00f6nemde sonu\u00e7 verir. Siyasiler ve kamuoyu 10 y\u0131l\u0131 a\u015fk\u0131n s\u00fcrecek bu d\u00f6neme dayanamazlar.
\n\u25a0 B\u00fcy\u00fcmenin alt\u0131n kural\u0131 diye tan\u0131mlanan ve Nobel \u00f6d\u00fcll\u00fc Edmund Phelps taraf\u0131ndan ilk ortaya at\u0131lan “bizden sonraki ku\u015faklar\u0131n refah i\u00e7inde ya\u015famas\u0131 i\u00e7in gerekli b\u00fcy\u00fcmenin bu neslin \u00e7ok \u00e7al\u0131\u015fmas\u0131, tasarruf etmesi ve yat\u0131r\u0131m yapmas\u0131 \u00fczerine dayand\u0131\u011f\u0131” \u015feklinde \u00f6zetlenecek prensibin Avrupa i\u00e7in kolay kolay \u00e7al\u0131\u015faca\u011f\u0131 san\u0131lm\u0131yor.<\/p>

<\/ins>\r\n