THE ANALYSIS OF CENTRAL BANKS’ EFFICIENCIES IN THE FACE OF 2008 GLOBAL CRISIS
Journal Title: The Journal of International Social Research - Year 2016, Vol 9, Issue 47
Abstract
Today, central banks are one of the most important actors in establishing economic and financial stability and in dealing with crisis in a country. Today's central banks manage monetary policy, keep a monopoly on printing money, control banking system and function as a lender of last resort. The central banks undertake the most critical role in financial crisis processes that have negative impacts on the stability of a country and the efficiencies of central banks' policies in the face of crisis gain importantance. In this study, it is aimed to present the efficiencies of the policies against 2008 global crisis exercised by central banks. Within the scope of this work, Data Envelopment Analysis (DEA) was used to evaluate the performance of TCMB , the Fed and the European Central Bank (ECB).
Authors and Affiliations
Zeynep KARAŞ
Keywords
Related Articles
- EP ID EP252886
- DOI 10.17719/jisr.2016.1435
- Views 106
- Downloads 0
A SURVEY ON THE TOURS WHICH INCLUDES KARADENIZ EREGLI AS A DESTINATION
Abstract Travel agencies contribute to the economies of the destinations and the their positive image by organizing tourtistic tours. Travel agencies, steering the dynamism of the tourism, have more significant roles esp...
BUILDING THE PROFESSIONAL IDENTITIES OF CONSTRUCTIVE PROFESSIONS UNDER TECHNOLOGICAL DILEMMA: ENGINEERING AND ARCHITECTURE IN THE EARLY REPUBLIC
Analyzing the effects on development of constructive professions in Turkey can give clues for understanding the ambivalent role of technology in Turkish modernity project. Hence, this study explores the roots of rising r...
THE RELEVANCE OF REGIONAL INTEGRATION AS A GLOBAL DEVELOPMENTAL STRATEGY: A THEORETICAL ANALYSIS
This paper discusses the theories of regional integration and provides an explanation to the relevance or otherwise of the entire concept as a global developmental strategy. Hence, the paper is divided into four major pa...
THE NEW US IMPERIALISM
This paper will examine the promoted by the US imperial policies and illustrate the changes in US foreign policy since the end of the East - West conflict. The US is the epitome of freedom, progress and democracy. The po...
LE THEATRE DE EUGENE IONESCO, QUELQUES REFLEXIONS SUR LA SIGNIFICATION DE LA PROLIFERATION
Eugène Ionesco, one of the foremost playwright’s of the Absurd Theater of 1950’s has subverted traditional forms in terms of content and style. Ionesco brought innovative, unusual forms in his works reflecting particular...