Abstract:

Today, one of the important issues that the global economy subject to countries’ ability to create a field of action in fiscal matters. Countries need to make necessary adjustments in budget policies in order to successful in terms of fiscal sustainability and economic growth aims. In this study, firstly the concept of fiscal space is considered and the reasons for forming the fiscal space are given. Afterwards, the effects of the budget policy instruments on the fiscal space and the situation in Turkey is evaluated.

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