Birinci efsane: IMF verdi\u011fi desteklere \u00e7ok y\u00fcksek faiz al\u0131yor.<\/strong><\/div>\n
Ger\u00e7ek: IMF, bat\u0131k veya sorunlu ekonomilere d\u00fcnyada en d\u00fc\u015f\u00fck faizle kredi veren kurulu\u015ftur.<\/strong>\u00a0I<\/div>\n
IMF\u2019nin stand by d\u00fczenlemelerinde uygulad\u0131\u011f\u0131 faiz oran\u0131 basit faiz oran\u0131 ad\u0131 verilen ve bug\u00fcn itibariyle y\u00fczde 1,16 oran\u0131nda olan bir faiz oran\u0131d\u0131r. Bu oran kotan\u0131n y\u00fczde 300\u2019\u00fcne kadar olan bor\u00e7lanmalar i\u00e7in ayn\u0131d\u0131r. Kotan\u0131n y\u00fczde 300\u2019\u00fcn\u00fc a\u015fan bor\u00e7lanmalar i\u00e7in 3 y\u0131la kadar 2 puan, 3 y\u0131ldan sonra 3 puan ek faiz uygulan\u0131r. Buna ek olarak her bor\u00e7lanma i\u00e7in bir taahh\u00fct \u00fccreti \u00f6denir. Taahh\u00fct \u00fccreti her 12 ayda bir uygulan\u0131r. Kotan\u0131n iki kat\u0131na kadar kullan\u0131mlarda 0,15 puan, iki kat ile on kat aras\u0131 kullan\u0131mlar i\u00e7in 0,30 puan ve on kat\u0131 a\u015fan kullan\u0131mlar i\u00e7in 0,60 puan taahh\u00fct \u00fccreti al\u0131n\u0131r. Bunlara ek olarak her kredi \u00e7ekili\u015finden 0,5 puan hizmet \u00fccreti al\u0131n\u0131r.<\/div>\n
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\u015eimdi bunlar\u0131 hesaplayal\u0131m. Diyelim ki bir \u00fclke \u00f6demeler dengesi s\u0131k\u0131nt\u0131s\u0131na girdi ve IMF\u2019den destek istedi. IMF de bu \u00fclkeye kotas\u0131n\u0131n ki \u00fc\u00e7 kat\u0131 kadar bor\u00e7lanabilme imkan\u0131 veren bir stand by d\u00fczenlemesi yapt\u0131. Yine diyelim ki bu \u00fclke bu imkan\u0131 \u00fc\u00e7 y\u0131lda 8 e\u015fit \u00e7ekimle kullanacak ve geri \u00f6demesini de 5 y\u0131lda yapacak olsun.<\/div>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Faiz = Basit Faiz Oran\u0131 + Taahh\u00fct \u00fccreti + Hizmet \u00fccreti<\/div>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Faiz = 1,16 + 0,675 + 0.5 = % 2,35 (SDR faizi)<\/div>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 USD Faizi = % 3,59<\/div>\n
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E\u011fer bu \u00fclke kotas\u0131n\u0131n be\u015f kat\u0131 kredi kullanacaksa bu oran y\u00fczde 6\u2019ya kadar y\u00fckselmektedir. Bu \u00fclkenin uluslararas\u0131 piyasadan tahvil ihrac\u0131 yoluyla bor\u00e7lanmas\u0131n\u0131n maliyeti dolar baz\u0131nda bunun biraz \u00fczerinde olabilir. Burada akla \u015fu soru gelir: Bu \u00fclke a\u015fa\u011f\u0131 yukar\u0131 ayn\u0131 ko\u015fullarla piyasadan bor\u00e7lanabildi\u011fine g\u00f6re ni\u00e7in kendisine daha a\u011f\u0131r ko\u015fullar ileri s\u00fcren IMF\u2019den destek istesin? \u00c7ok do\u011fru bir sorudur ve yan\u0131t\u0131 da i\u00e7inde sakl\u0131d\u0131r. Bu \u00fclke bu kadar y\u00fcksek bir miktar i\u00e7in piyasadan ayn\u0131 ko\u015fullarla bor\u00e7lanabilse zaten IMF\u2019ye gitmez.<\/div>\n
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\u0130kinci efsane: IMF politikalar\u0131 ba\u015far\u0131s\u0131zd\u0131r.<\/strong><\/div>\n
Ger\u00e7ek: IMF politikalar\u0131 baz\u0131 ekonomiler i\u00e7in ba\u015far\u0131l\u0131 baz\u0131 ekonomiler i\u00e7in ba\u015far\u0131s\u0131z olmu\u015ftur.<\/strong><\/div>\n
Ne var ki IMF\u2019nin as\u0131l g\u00f6revi bir \u00fclkenin i\u00e7ine d\u00fc\u015ft\u00fc\u011f\u00fc \u00f6demeler dengesi krizini \u00e7\u00f6zmektir. E\u011fer bir \u00fclkenin siyaset\u00e7ileri pop\u00fclist uygulamalara devam ederlerse IMF\u2019nin deste\u011fi hi\u00e7bir i\u015fe yaramaz. IMF deste\u011fi ve bu destekle birlikte \u00f6nerdi\u011fi ekonomi politikalar\u0131n\u0131n ba\u015far\u0131l\u0131 olabilmesi bu politikalar\u0131 uygulayacak olan \u00fclke siyaset\u00e7ilerinin bu politikalar\u0131 tavizsiz uygulamalar\u0131 gerekir. Genellikle siyaset\u00e7iler kendi uygulama eksiklik ve hatalar\u0131n\u0131 IMF\u2019nin program\u0131na \u00e7\u0131kard\u0131klar\u0131 ve halk\u0131 da ikna ettikleri i\u00e7in ba\u015far\u0131s\u0131zl\u0131\u011f\u0131n faturas\u0131 IMF\u2019ye \u00e7\u0131kar\u0131l\u0131r.<\/div>\n
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\u00dc\u00e7\u00fcnc\u00fc efsane: IMF, T\u00fcrkiye\u2019de 18 stand by uygulad\u0131\u011f\u0131 halde T\u00fcrkiye\u2019de ba\u015far\u0131l\u0131 olamam\u0131\u015f ve ekonominin sorunlar\u0131n\u0131 \u00e7\u00f6zememi\u015ftir.<\/strong><\/div>\n
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Yaz\u0131n\u0131n devam\u0131 i\u00e7in TIKLAYINIZ.<\/a><\/strong><\/div>\n","protected":false},"excerpt":{"rendered":"
Birinci efsane: IMF verdi\u011fi desteklere \u00e7ok y\u00fcksek faiz al\u0131yor. Ger\u00e7ek: IMF, bat\u0131k veya sorunlu ekonomilere d\u00fcnyada en d\u00fc\u015f\u00fck faizle kredi veren kurulu\u015ftur.\u00a0I IMF\u2019nin stand by…<\/p>\n","protected":false},"author":12,"featured_media":13098,"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-16871","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\/16871","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\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/comments?post=16871"}],"version-history":[{"count":0,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/16871\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media\/13098"}],"wp:attachment":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media?parent=16871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/categories?post=16871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/tags?post=16871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}