The Challenges of Monetary Policy in Turkey
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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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. However this objective faced with two important challenges. On the one hand,...
