Category Archives: Monetary Policy

Enflasyon Bir Kalkınma Problemidir

Sürdürülebilir kalkınma, yaklaşım açısından ekonomideki problemlere temelde iki açından farklı yaklaşır: Vade farkı ve neden-sonuç ilişkisi. Enflasyon ise mal ve hizmet fiyatlarının artışı olarak tanımlandığı için olsa gerek, genelde bir finansal olgu olarak algılanıyor; ve çözümü de finansal araçlarla sağlanmaya çalışılıyor. Fakat hem son bir yılda dünyada yükselen enflasyon, hem de Türkiye’de enflasyon problemi ile […]

What IMF Forecasts Tell Us: More of the Same

In an article dated January 24 in LongViewTurkey (http://longviewturkey.com/turkeys-monetary-policy-from-a-comparative-macroeconomic-data-perspective/) looking  data of 10 emerging economies between 2011-2013, we had arrived at comparative facts regarding Turkey.  Between 2011-2013, Turkey had The worst investment growth performance Mediocre consumption growth performance Outlier performance in ratio of consumption to investment Inflation that remains above EM average Policy rates that […]

Turkey’s Monetary Policy from a Comparative Macroeconomic Data Perspective

Usually, in LongViewTurkey we tend to avoid writing on regular data releases unless they have a long-lasting impact on the economy. MPC decisions by the Central Bank of Turkey is also something that we do not write on a regular basis, because we have been observing that lately discussing CBT’s policies has diminishing returns: Harder […]

IS THE IMPORTANCE OF LABOR STATISTICS RISING IN TURKEY?

Policymakers, especially the Central Banks, generally take into account the price stability while setting policy. Employment and unemployment are only the part of reference set of policy frameworks. But, there is a new noteworthy trend in policymakers’ decision making practices, which was primarily realized by the US Federal Reserve (FED). Labor market conditions and policies […]