{"id":54411,"date":"2018-05-03T14:31:44","date_gmt":"2018-05-03T11:31:44","guid":{"rendered":"https:\/\/www.bilgeyatirimci.com\/?p=54411"},"modified":"2018-05-03T14:31:44","modified_gmt":"2018-05-03T11:31:44","slug":"mahfi-egilmez-ne-kadar-acik-o-kadar-buyume-modelinin-sonuna-dogru","status":"publish","type":"post","link":"https:\/\/www.bilgeyatirimci.com\/i\/mahfi-egilmez-ne-kadar-acik-o-kadar-buyume-modelinin-sonuna-dogru\/","title":{"rendered":"Mahfi E\u011filmez &#8211; Ne Kadar A\u00e7\u0131k O kadar B\u00fcy\u00fcme Modelinin Sonuna Do\u011fru"},"content":{"rendered":"<h2>Mahfi E\u011filmez&#8217;in bug\u00fcnk\u00fc yaz\u0131s\u0131<\/h2>\n<p>T\u00fcrkiye ekonomisinin potansiyel b\u00fcy\u00fcme oran\u0131, en basit y\u00f6ntem kullan\u0131larak yani uzun y\u0131llar ortalamas\u0131 al\u0131narak, y\u00fczde 5 olarak hesaplan\u0131yor. Ne var ki bu b\u00fcy\u00fcme oran\u0131 ya y\u00fcksek b\u00fct\u00e7e a\u00e7\u0131\u011f\u0131 ya da y\u00fcksek cari a\u00e7\u0131k vererek sa\u011flanan bir b\u00fcy\u00fcme oran\u0131 oldu\u011fu i\u00e7in s\u00fcrd\u00fcr\u00fclebilir bir oran de\u011fil. Bu ortalamaya giren y\u0131llar\u0131n \u00e7ok b\u00fcy\u00fck \u00e7o\u011funlu\u011fu b\u00fct\u00e7e a\u00e7\u0131\u011f\u0131 ve cari a\u00e7\u0131\u011f\u0131n birlikte oldu\u011fu (ikiz a\u00e7\u0131k) bir finansman modeline dayan\u0131yor. T\u00fcrkiye\u2019nin bu b\u00fcy\u00fcme ortalamas\u0131n\u0131 s\u00fcrd\u00fcrebilmek i\u00e7in bug\u00fcn yapmak zorunda oldu\u011fu yat\u0131r\u0131mlar\u0131n GSYH\u2019ye oran\u0131 y\u00fczde 30 dolay\u0131nda g\u00f6r\u00fcn\u00fcyor. Buna kar\u015f\u0131l\u0131k T\u00fcrkiye\u2019nin bu yat\u0131r\u0131mlar\u0131 kar\u015f\u0131lamakta kullanabilece\u011fi tasarruflar\u0131n GSYH\u2019ye oran\u0131 y\u00fczde 25 dolay\u0131nda bulunuyor. Aradaki fark ise cari a\u00e7\u0131\u011f\u0131 olu\u015fturuyor. \u0130kiz a\u00e7\u0131\u011f\u0131n di\u011feri olan b\u00fct\u00e7e a\u00e7\u0131\u011f\u0131n\u0131n GSYH\u2019ye oran\u0131 ise 2017 y\u0131l\u0131 itibariyle y\u00fczde 1,5 dolay\u0131nda bulunuyor. Bu g\u00f6r\u00fcn\u00fcm son y\u0131llarda ortaya \u00e7\u0131kt\u0131. 2000\u2019lere gelinceye kadar cari a\u00e7\u0131k y\u00fczde 1 \u2013 2 dolay\u0131nda, b\u00fct\u00e7e a\u00e7\u0131\u011f\u0131 ise y\u00fczde 10 dolay\u0131ndayd\u0131. Yani T\u00fcrkiye, 2000\u2019lere kadar b\u00fcy\u00fcmenin gerektirdi\u011fi yat\u0131r\u0131mlar\u0131 b\u00fct\u00e7e a\u00e7\u0131\u011f\u0131 vererek ve onu finanse ederek, 2000\u2019lerden sonra cari a\u00e7\u0131\u011f\u0131 b\u00fcy\u00fcterek ve onu finanse ederek y\u00fcr\u00fctt\u00fc. Bunun sonucu olarak da i\u00e7 ve d\u0131\u015f bor\u00e7lar\u0131 artt\u0131.<\/p><div class=\"bilge-yaziust\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-2818069678\"><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>T\u00fcrkiye\u2019nin izledi\u011fi b\u00fct\u00e7e a\u00e7\u0131\u011f\u0131 ve\/veya cari a\u00e7\u0131k vererek ve a\u00e7\u0131klar\u0131 i\u00e7 ve d\u0131\u015f bor\u00e7lanmayla finanse ederek y\u00fcr\u00fct\u00fclen yat\u0131r\u0131m \u2013 b\u00fcy\u00fcme modeli 1990\u2019dan bu yana \u015f\u00f6yle bir bor\u00e7 y\u00fck\u00fc yaratt\u0131:<\/p>\n<table style=\"font-weight: 400;\">\n<tbody>\n<tr>\n<td width=\"53%\"><strong>Bor\u00e7 \u00c7e\u015fidi<\/strong><\/td>\n<td width=\"15%\"><strong>1990<\/strong><\/td>\n<td width=\"15%\"><strong>2002<\/strong><\/td>\n<td width=\"15%\"><strong>2017<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"53%\">\u0130\u00e7 Bor\u00e7lar (milyar TL)<\/td>\n<td width=\"15%\">57,2<\/td>\n<td width=\"15%\">155,2<\/td>\n<td width=\"15%\">596,6<\/td>\n<\/tr>\n<tr>\n<td width=\"53%\">\u0130\u00e7 Bor\u00e7lar \/ GSYH (%)<\/td>\n<td width=\"15%\">15,3<\/td>\n<td width=\"15%\">43,2<\/td>\n<td width=\"15%\">19,2<\/td>\n<\/tr>\n<tr>\n<td width=\"53%\">D\u0131\u015f Bor\u00e7lar milyar USD)<\/td>\n<td width=\"15%\">52,4<\/td>\n<td width=\"15%\">129,6<\/td>\n<td width=\"15%\">453,3<\/td>\n<\/tr>\n<tr>\n<td width=\"53%\">\u00a0\u00a0\u00a0Kamu + TCMB<\/td>\n<td width=\"15%\">41,6<\/td>\n<td width=\"15%\">86,5<\/td>\n<td width=\"15%\">136,2<\/td>\n<\/tr>\n<tr>\n<td width=\"53%\">\u00a0\u00a0\u00a0\u00d6zel Kesim<\/td>\n<td width=\"15%\">10,8<\/td>\n<td width=\"15%\">43,1<\/td>\n<td width=\"15%\">316,4<\/td>\n<\/tr>\n<tr>\n<td width=\"53%\">D\u0131\u015f Bor\u00e7lar \/ GSYH (%)<\/td>\n<td width=\"15%\">26,1<\/td>\n<td width=\"15%\">54,8<\/td>\n<td width=\"15%\">53,3<\/td>\n<\/tr>\n<tr>\n<td width=\"53%\">B\u00fct\u00e7e A\u00e7\u0131\u011f\u0131 \/ GSYH (%)<\/td>\n<td width=\"15%\">2,2<\/td>\n<td width=\"15%\">11,5<\/td>\n<td width=\"15%\">1,5<\/td>\n<\/tr>\n<tr>\n<td width=\"53%\">Cari A\u00e7\u0131k \/ GSYH (%)<\/td>\n<td width=\"15%\">1,3<\/td>\n<td width=\"15%\">0,3<\/td>\n<td width=\"15%\">5,8<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h6>Yaz\u0131n\u0131n devam\u0131 i\u00e7in <a href=\"http:\/\/www.mahfiegilmez.com\/2018\/05\/ne-kadar-ack-o-kadar-buyume-modelinin.html\" target=\"_blank\" rel=\"noopener nofollow external\" data-wpel-link=\"external\">TIKLAYINIZ<\/a>.<\/h6>\n","protected":false},"excerpt":{"rendered":"<p>Mahfi E\u011filmez&#8217;in bug\u00fcnk\u00fc yaz\u0131s\u0131 T\u00fcrkiye ekonomisinin potansiyel b\u00fcy\u00fcme oran\u0131, en basit y\u00f6ntem kullan\u0131larak yani uzun y\u0131llar ortalamas\u0131 al\u0131narak, y\u00fczde 5 olarak hesaplan\u0131yor. Ne var ki&hellip;<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"open","ping_status":"closed","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":[808,801,847],"class_list":["post-54411","post","type-post","status-publish","format-standard","hentry","category-tumyazilar","tag-ekonomi-makaleleri","tag-ekonomi-yazarlari-listesi","tag-mahfi-egilmez-yazilari"],"_links":{"self":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/54411","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=54411"}],"version-history":[{"count":0,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/54411\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media?parent=54411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/categories?post=54411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/tags?post=54411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}