The political economy of central banking in Turkey: the macroprudential policy regime and self-undermining feedback

dc.authoridMustafa Yağcı / 0000-0001-5911-9119en_US
dc.authorscopusidMustafa Yağcı / 57197793434
dc.authorwosidMustafa Yağcı / Y-4764-2018
dc.date.accessioned2020-08-30T20:07:45Z
dc.date.available2020-08-30T20:07:45Z
dc.date.issued2018
dc.departmentİstinye Üniversitesi, İktisadi, İdari ve Sosyal Bilimler Fakültesi, Siyaset Bilimi ve Kamu Yönetimi Bölümüen_US
dc.description.abstractThis article examines the political economy of central banking in Turkey in the aftermath of the global financial crisis. The macroprudential turn led by the Turkish central bank not only created a political backlash from within the AKP government but also revealed the divergent preferences of real and financial sector actors in the Turkish economy. Using the policy regimes and policy feedback framework with a qualitative data analysis methodology, this article argues that the interplay between the contextualised material, ideational, structural and institutional forces, the strategies of leading politicians and how the stakeholders perceived and evaluated the new policy framework had a critical role in shaping the legitimacy, coherence and durability of the macroprudential policy regime in Turkey.en_US
dc.identifier.citationYağcı, M. (2018). The Political Economy of Central Banking in Turkey: The Macroprudential Policy Regime and Self-Undermining Feedback. South European Society and Politics, 23(4), 525-545.en_US
dc.identifier.doi10.1080/13608746.2018.1491103en_US
dc.identifier.endpage545en_US
dc.identifier.issn1360-8746en_US
dc.identifier.issn1743-9612en_US
dc.identifier.issue4en_US
dc.identifier.scopus2-s2.0-85049878969en_US
dc.identifier.scopusqualityQ1en_US
dc.identifier.startpage525en_US
dc.identifier.urihttps://doi.org/10.1080/13608746.2018.1491103
dc.identifier.urihttps://hdl.handle.net/20.500.12713/825
dc.identifier.volume23en_US
dc.identifier.wosWOS:000458738700006en_US
dc.identifier.wosqualityQ1en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.institutionauthorYağcı, Mustafaen_US
dc.language.isoenen_US
dc.publisherRoutledge Journals, Taylor & Francis Ltden_US
dc.relation.ispartofSouth European Society and Politicsen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectPolicy Regimeen_US
dc.subjectPolicy Feedbacken_US
dc.subjectPolitical Backlashen_US
dc.subjectCentral Banken_US
dc.subjectGlobal Financial Crisisen_US
dc.subjectMacroprudential Policyen_US
dc.subjectTurkeyen_US
dc.subjectAKPen_US
dc.titleThe political economy of central banking in Turkey: the macroprudential policy regime and self-undermining feedbacken_US
dc.typeArticleen_US

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