The Role of Monetary Policy in Turkey During the Global Financial Crisis

The Role of Monetary Policy in Turkey During the Global Financial Crisis
Turkey is an interesting case study because it was one of the hardest hit emerging economies by the global financial crisis, with a year-over-year contraction of 15 percent during the first quarter of 2009. At the same time, anticipating the fallout from the crisis, the Central Bank of the Republic of Turkey (CBRT) decreased policy rates by an... READ MORE...

Publication date: June 2011
ISBN 9781455270484
$18.00

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