Bridging international political economy and public policy and administration research on central banking

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dc.authoridMustafa Yağcı / 0000-0001-5911-9119en_US
dc.authorscopusidMustafa Yağcı / 57197793434en_US
dc.authorwosidMustafa Yağcı / Y-4764-2018en_US
dc.date.accessioned2021-09-16T06:56:35Z
dc.date.available2021-09-16T06:56:35Z
dc.date.issued2021en_US
dc.departmentİstinye Üniversitesi, İktisadi, İdari ve Sosyal Bilimler Fakültesi, Siyaset Bilimi ve Kamu Yönetimi Bölümüen_US
dc.description.abstractCentral banking as an avenue of research has been of interest to scholars from International Political Economy (IPE) and Public Policy and Administration (PPA) disciplines. Nevertheless, there is very little dialogue between these two perspectives to bridge macro, meso, micro-level analyses and examine the reciprocal relationship between the global and domestic political economy context and monetary policy conduct. This article investigates the Turkish experience to bridge IPE and PPA scholarship on central banking in emerging economies. In doing so, we adopt an analytic eclectic approach combining multiple structural, institutional, and agential causal explanations with particular reference to the Structure, Institution, and Agency (SIA) theoretical framework. This is because analytic eclecticism complements, speaks to, and selectively incorporates theoretical approaches such as the New Independence Approach (NIA) of IPE and institutional and ideational PPA approaches. Drawing on the empirical context of the historical evolution of the Turkish political economy, we explore domestic and international interactions among micro, meso, and macro levels that shape central banking behavior. Our analysis also reveals how global dynamics are translated into domestic policy choices and how particular ideas influence the policymaking process. The analysis underscores the constraining and enabling influence of international dynamics, politics of ideas on emerging economy central banking, and the essential role individual and organizational agency play in the policymaking process.en_US
dc.identifier.citationYagci, M., & Bakir, C. (2021). Bridging international political economy and public policy and administration research on central banking. Policy and Society, 1-20.en_US
dc.identifier.doi10.1080/14494035.2021.1975215en_US
dc.identifier.issn1449-4035en_US
dc.identifier.scopus2-s2.0-85114610827en_US
dc.identifier.scopusqualityQ1en_US
dc.identifier.urihttps://doi.org/10.1080/14494035.2021.1975215
dc.identifier.urihttps://hdl.handle.net/20.500.12713/2086
dc.identifier.wosWOS:000693971000001en_US
dc.identifier.wosqualityQ1en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.institutionauthorYağcı, Mustafa
dc.language.isoenen_US
dc.publisherTaylor and Francis Ltd.en_US
dc.relation.ispartofPolicy and Societyen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectCentral Bankingen_US
dc.subjectInternational Political Economyen_US
dc.subjectMonetary Policyen_US
dc.subjectPublic Policy and Administrationen_US
dc.subjectTurkeyen_US
dc.titleBridging international political economy and public policy and administration research on central bankingen_US
dc.typeArticleen_US

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