The relationship of public banks in turkey with sustainable macroeconomic factors
Küçük Resim Yok
Tarih
2020
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Springer Nature
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
Public banks in Turkey importantly took a part in providing supervision, balancing the commercial affairs and developing the industry to prevent economic problems after The Great Depression in 1929. Newly, for sustainability-focused growth, public banks should possess financial policies to support the real sector by covering of financial needs of municipalities, public institutions, SMEs, tradesmen, and corporate firms. Also, for a functionally sustainable macroeconomic structure, public banks should bring fluidity to the financial system structurally, manage a rational physical asset, transform short-term funds to long-term funds, create deposit money, develop trade, and especially contribute to the distribution of income. In this point, governments can make some interventions on the economy by using public banks. Therefore, macroeconomic structure supported by the public banks has vital importance from many aspects such as budget, financial system, the balance of payments and borrowing, interest rates and financial markets, and employment resulting in the development of the country and establishing a sustainable growth path. © 2020, Springer Nature Singapore Pte Ltd.
Açıklama
Anahtar Kelimeler
Banking Sector; Macroeconomics; Sustainability
Kaynak
Accounting, Finance, Sustainability, Governance and Fraud
WoS Q Değeri
Scopus Q Değeri
N/A