Erosion of Central Bank independence in Turkey

dc.authorid0000-0003-1534-8029
dc.authorid0000-0003-4087-168X
dc.contributor.authorDemiralp, Sedaen_US
dc.contributor.authorDemiralp, Selvaen_US
dc.date.accessioned2019-03-19T02:27:15Z
dc.date.available2019-03-19T02:27:15Z
dc.date.issued2019-01-01
dc.departmentIşık Üniversitesi, İktisadi ve İdari Bilimler Fakültesi, Uluslararası İlişkiler Bölümüen_US
dc.departmentIşık University, Faculty of Economics and Administrative Sciences, Department of International Relationsen_US
dc.description.abstractThis study provides empirical analysis to show increasing pressures over the Central Bank of Turkey (CBT) throughout the past decade where the CBT gives into such pressures, despite the Central Bank Law, which ensures tool independence. The study suggests that the relations between the government and the CBT reflect recent political changes where the government increased its control over state institutions, following rising costs of losing office. However, this trend not only has economic costs such as a restricted capacity to achieve price stability and sustainable growth but it also limits horizontal accountability of state institutions.en_US
dc.description.versionPublisher's Versionen_US
dc.identifier.citationDemiralp, S. & Demiralp, S. (2019). Erosion of central bank independence in Turkey. Turkish Studies, 20(1), 49-68. doi:10.1080/14683849.2018.1505512en_US
dc.identifier.doi10.1080/14683849.2018.1505512
dc.identifier.endpage68
dc.identifier.issn1468-3849
dc.identifier.issn1743-9663
dc.identifier.issue1
dc.identifier.scopus2-s2.0-85051923826
dc.identifier.scopusqualityQ1
dc.identifier.startpage49
dc.identifier.urihttps://hdl.handle.net/11729/1483
dc.identifier.urihttp://dx.doi.org/10.1080/14683849.2018.1505512
dc.identifier.volume20
dc.identifier.wosWOS:000451824100003
dc.identifier.wosqualityQ2
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.indekslendigikaynakSocial Sciences Citation Index (SSCI)en_US
dc.institutionauthorDemiralp, Sedaen_US
dc.institutionauthorid0000-0003-1534-8029
dc.language.isoenen_US
dc.peerreviewedYesen_US
dc.publicationstatusPublisheden_US
dc.publisherRoutledge Journals, Taylor & Francis Ltden_US
dc.relation.ispartofTurkish Studiesen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectCentral bank independenceen_US
dc.subjectHorizontal accountabilityen_US
dc.subjectRule of lawen_US
dc.subjectMonetary-Policyen_US
dc.subjectRulesen_US
dc.subjectDiscretionen_US
dc.subjectRegimeen_US
dc.titleErosion of Central Bank independence in Turkeyen_US
dc.typeArticleen_US
dspace.entity.typePublication

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