Abstract:

The fiscal policies emerged with the Keynesian thought had maintained its efficiency particularly until the 1970s. However, as the fiscal policies could not explain the problem of stagflation experienced in the 1970s, the discussions that instead of the discretionary fiscal policies being applied till the 1930s, rule-bound fiscal policies would be more efficient had started. The fiscal rule applications in Turkey mainly show up as the implicit fiscal rule. When some goals are being determined in Turkey for budget items and borrowing, these goals are materialised in government programs, stabilisation policies, budget targets, medium-term fiscal plans and programs. In the study, by clarifying the concept of fiscal rule, the fiscal rule applications in Turkey and the incidence of these applications on Turkish economy are assessed.

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