The Structural Functions of Consumer and Business Confidence Indices in OECD and Alterations on Financial Policies

Ahmet Niyazi Özker  
(Public Finance Department, Faculty of Economic and Business Administration, Bandirma Onyedi Eylul University, Turkey)

Abstract: In this study we aim to put forth the important of consumer confidence indicators that are related to emerging markets, which effect on directly some macroeconomics alterations especially for OECD countries. The developing countries’ differences as OECD’ countries cause the different effects on the emerging markets that are in the different developing levels connected with different countries. The problematical structure cause to bring out in the two negative structural locations for reaching OECD’s general financial targets that mean to express the unity cooperation soul. In this context, two important financial effects of consumer price index in OECD countries can be emphasized. The first one, which is also the weighted topic of our study, is the structural changes that can be expressed by financial weakness and fragility. The other one is how and to what extent developing countries have been affected by these changes. In particular, developing underdeveloped countries display a structural process in which changes in financial indices change with changes in consumption indices in periods of financial crisis. This phenomenon leads to differentiation of these considered common policies within the scope of the OECD and it brings different levels of financial impact to the agenda.

Key words: consumer tax index; emerging markets; financial crises; financial vulnerability; OECD

JEL codes: G32, G34, G41, H11, H12