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The challenges of monetary policy in Turkey

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16-Oct-2008

Olcay Çulha, Ali Çulha and Rauf Gönenç

Monetary policy has been one of the main pillars of the post-2001 stabilisation programme. Encouraged by its success, the central bank shifted from implicit to explicit inflation targeting in 2006 and set a medium-term inflation target of 4%, applicable from end 2007.

Economic Survey of Turkey 2008: Monetary policy: facing the challenges

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17-Jul-2008

The disinflation strategy of the Central Bank should be backed by more comprehensive policies to improve inflation expectations. This includes the full enforcement of a robust fiscal framework, competition reforms, and encouraging social partners to adopt the inflation target .

From exchange rate stabilisation to inflation targeting: Turkey’s quest for price stability

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25-Apr-2008

Gülbin Şahinbeyoğlu

Gülbin Şahinbeyoğlu discusses the experience of Turkey with inflation targeting. She focuses on the successes and challenges the monetary authorities were confronted with within this new policy regime.

Monetary policies and inflation targeting in emerging economies: Executive Summary

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25-Apr-2008

Monetary policies and inflation targeting in emerging economies: Executive Summary. Several emerging-market economies have adopted inflation targeting as their institutional framework for conducting monetary policy.

Monetary policies and inflation targeting in emerging economies

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25-Apr-2008

Several emerging-market economies have adopted inflation targeting as their institutional framework for conducting monetary policy. This volume focuses on the experiences of Brazil, Chile, Czech Republic, Indonesia, South Africa, and Turkey.

From exchange rate stabilization to inflation targeting: the case of Turkey

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19-Mar-2007

Gulbin Sahinbeyoglu

Background document for the seminar on monetary policy in emerging markets organised by the Economics Department jointly with the Bank of England’s Centre for Central Bank Studies on 28 February 2007.

Seminar: Monetary Policy in Emerging Markets

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19-Mar-2007

The Economics Department organized jointly with the Bank of England’s Centre for Central Bank Studies on 28 February 2007 a seminar on challenges for monetary policymaking in emerging-market economies.

Policies to improve Turkey's resilience to financial market shocks

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07-Dec-2006

Anne-Marie Brook

This paper provides a revised measure of regulatory restrictions on inward foreign direct investment (FDI) for OECD countries and extends the approach to 13 non-member countries. Economics Department Working Paper 528.

Corporate Governance in Turkey

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17-Oct-2006

Angel Gurría, OECD Secretary-General

Mr Gurría delivered this speech at the presentation of the OECD's report Corporate Governance in Turkey: A Pilot Study. The speech highlights the main conclusions of the report, which evaluates Turkish corporate governance standards and practices.

Corporate governance is improving in Turkey but some challenges remain

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17-Oct-2006

Corporate governance is improving in Turkey but some key issues, including the potential for unfair treatment of minority shareholders, need to be tackled if Turkish firms are to take full advantage of opportunities to grow in coming years, according to a new OECD report.

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