Central Bank Independence and Turkey’s Experience

In this policy note, Prof. Dr. Selva Demiralp discusses the notion of “central bank indepedence” by contextualising it around Turkey’s experience. Demiralp delves into the reasons as well as politico-economic consequences of central bank independence and dependence by addressing the relevant academic literature on the issue. Prof. Demiralp concludes its policy note with feasible policy suggestions for the Turkish context.

(Above you can access the policy note in PDF format. This policy note is availably only in Turkish)