Advances in Economics and Business Vol. 5(10), pp. 550 - 555
DOI: 10.13189/aeb.2017.051003
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The Present Dynamics of Financial Risks Related to Macroeconomic Policies in Oecd Countries, and Business Cycles


A. Niyazi Özker *
Department of Public Finance, Faculty of Economic and Business Administration, Bandırma Onyedi Eylül University, Turkey

ABSTRACT

In this study, we aim to attempt to analysis the effects of financial risks on the shaping of macro-economic policies that directly touch with business cycles in OECD countries. As known, the public liabilities with financial budget deficit fact, as a concept of financial risk element, is an important phenomenon that affects all the whole other financial and economic balance dynamics in the developed economies as well as less developed countries. In this point, the financial risks leaned on the consolidated central government budget put forth to meaningful financial deficits interested in the global integrations and its measurement matter of deficits in the same process, which aim to directly analysis macroeconomic policies. First, the priority effect of financial risks based on the budget deficits is appeared on the harmonization of monetary with fiscal policies as macroeconomic politics, and this concept has been an important financial matter especially in developing countries toward to determine macro elements. Second, these effects should be questioned for ensuring stability of economic in the business cycles related to GDP together with the business cycles related to financial liabilities in OECD countries. In this context, the effects of financial risks should be considered in two structural balances terms related public budget as budget surplus and deficits aimed at macroeconomic policies dynamics that also means correlation among these concerned financial dynamics. Thirdly, it is related to the location in public decision making process of these effects. Actually, on the other hand this situation reflects the effects of financial liabilities as a foundation stone on public decision making process that should need monetary liabilities like contend with probably inflation ensured.

KEYWORDS
Financial Risk, Macroeconomics Policies, Financial Liabilities, Business Cycles, Public Decision Making Process

Cite this paper
A. Niyazi Özker . "The Present Dynamics of Financial Risks Related to Macroeconomic Policies in Oecd Countries, and Business Cycles." Advances in Economics and Business 5.10 (2017) 550 - 555. doi: 10.13189/aeb.2017.051003.