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.