Policy Press
Thirteen Policy analysis and capacity in the Central Bank of Turkey
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Abstract
This chapter examines policy capacity and policy analysis in the context of the Central Bank’s role in policy design and implementation that relates to macroeconomic and financial stability in Turkey. Specifically, it focuses on agency-level (i.e. individual and organisational) complementarities that relate to the Bank’s policy capacity. These are related to the Bank’s knowledge and expertise, human capital, recruitment, and career development prospects, its ability to collect and analyse data, its formal organisation and departments related to policy analysis, its organisational culture emphasising measured risk taking in policy design and implementation (see also Bakir, 2007, 2012a) and its policy entrepreneurship linking its bureaucratic agenda with governmental agenda due mainly to its strong analytical, operational and political capacity. This chapter argues that proactive behaviour in monetary policy design and implementation is most likely when a central bank has strong analytical, operational and political policy capacity.
Abstract
This chapter examines policy capacity and policy analysis in the context of the Central Bank’s role in policy design and implementation that relates to macroeconomic and financial stability in Turkey. Specifically, it focuses on agency-level (i.e. individual and organisational) complementarities that relate to the Bank’s policy capacity. These are related to the Bank’s knowledge and expertise, human capital, recruitment, and career development prospects, its ability to collect and analyse data, its formal organisation and departments related to policy analysis, its organisational culture emphasising measured risk taking in policy design and implementation (see also Bakir, 2007, 2012a) and its policy entrepreneurship linking its bureaucratic agenda with governmental agenda due mainly to its strong analytical, operational and political capacity. This chapter argues that proactive behaviour in monetary policy design and implementation is most likely when a central bank has strong analytical, operational and political policy capacity.
Chapters in this book
- Front Matter i
- Contents v
- List of tables and figures vii
- Notes on contributors ix
- Editors’ introduction to the series xvi
- Pushing the pendulum from politics to policy: the state of policy analysis in Turkey 1
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Historical roots, styles and methods of policy analysis in Turkey
- The past, present and future of policy analysis in Turkey 19
- ‘Boomerang effect’: the bottleneck of public policy analysis in Turkey 35
- Methods of policy analysis: the US and Turkish cases 51
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Policy analysis by governments
- Policy analysis in Turkey’s central government: current practices and future challenges 69
- Territorial policy-making and administrative reform in Turkey 87
- Policy-making at local level: an analysis of Turkish municipalities 105
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Experts, international actors and public opinion
- Beyond developmentalism: the role of experts and expertise in Turkey’s environmental policy disputes 123
- Europeanisation of policy-making in Turkey and its limits 143
- Public opinion and public policy in Turkey 163
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Parties and civil society-based policy analysis
- Political parties and public policy in Turkey 183
- Policy analysis in civil society organisations 199
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Academic, bureaucratic and advocacy-based policy analysis
- Policy analysis and capacity in the Central Bank of Turkey 215
- Think tanks and policy analysis in Turkey 235
- Public policy and media in Turkey 255
- Public policy education in Turkey 271
- Index 289
Chapters in this book
- Front Matter i
- Contents v
- List of tables and figures vii
- Notes on contributors ix
- Editors’ introduction to the series xvi
- Pushing the pendulum from politics to policy: the state of policy analysis in Turkey 1
-
Historical roots, styles and methods of policy analysis in Turkey
- The past, present and future of policy analysis in Turkey 19
- ‘Boomerang effect’: the bottleneck of public policy analysis in Turkey 35
- Methods of policy analysis: the US and Turkish cases 51
-
Policy analysis by governments
- Policy analysis in Turkey’s central government: current practices and future challenges 69
- Territorial policy-making and administrative reform in Turkey 87
- Policy-making at local level: an analysis of Turkish municipalities 105
-
Experts, international actors and public opinion
- Beyond developmentalism: the role of experts and expertise in Turkey’s environmental policy disputes 123
- Europeanisation of policy-making in Turkey and its limits 143
- Public opinion and public policy in Turkey 163
-
Parties and civil society-based policy analysis
- Political parties and public policy in Turkey 183
- Policy analysis in civil society organisations 199
-
Academic, bureaucratic and advocacy-based policy analysis
- Policy analysis and capacity in the Central Bank of Turkey 215
- Think tanks and policy analysis in Turkey 235
- Public policy and media in Turkey 255
- Public policy education in Turkey 271
- Index 289
