Trade Finance In Turkey — Nuray Terzi Sadullah Çelik

This book is focusing on the concept of trade finance with special emphasis on capital flows for the emerging market of Turkey in such a period of defined by volatility and full of dilemmas The motivation is to provide a thorough analysis on trade finance in Turkey by taking into account two strands of literature that are emerging as the most powerful out of this turmoil period measurement errors and unconventional econometric tools After a brief introduction of the Turkish experience the rather unconventional but superior methodology of continuous wavelet transform with three sub methods is employed to a data set which gives us a reality check on the position of Turkish trade finance and capital flows