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  • 标题:The Solvency Ratio of External Debt (SRED) as an Indicator of Debt Crisis: The Case of Turkey
  • 本地全文:下载
  • 作者:Meltem Ucal ; Serhan Oksay
  • 期刊名称:International Journal of Economics and Research
  • 电子版ISSN:2229-6158
  • 出版年度:2011
  • 卷号:2
  • 期号:1
  • 页码:166-172
  • 出版社:Sanben Agency
  • 摘要:The objective of this research was to find a sound indicator to provide timely warnings to emerging economies of approaching debt crises. To achieve this, we used the solvency ratio of external-debt (SRED) as an analytical tool, by applying it to the case of Turkish external debt between 1980 and 2009. Analysis of our results indicated that the SRED was a powerful indicator of Turkey’s external debt crisis.
  • 关键词:External debt; financial crisis; Turkish foreign debt; solvency ratio of external debt.
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