From Trilemma to Dilemma: Monetary Policy after the Bretton Woods



From Convergence to Divergence: The Compatibility of Turkish and EU Foreign Policy
Torun, Zerrin (Palgrave Macmillan, London , 2021-06-01)
This chapter assesses the compatibility of Turkish and EU foreign policies between 1959 and 2020. Based on the analysis of key international developments and Turkey’s alignment with the EU’s Common Foreign and Security Policy (CFSP), the chapter identifies four periods that were characterized by different degrees of convergence and divergence. In the period between 1959 and 1998 compatibility was relatively high as Turkish foreign policy was guided by the goal of remaining part of the Western community of s...
From Chaos to Cosmos: Strategic Depth and Turkish Foreign Policy in Syria
Bağcı, Hüseyin (Springer, Cham, 2015-01-01)
Wars and conflicts have been a key determinant of international system dynamics. The end of the Cold War was especially noteworthy as a new era for all actors in terms of policy making and international dynamics. Then 9/11 completely changed perception of war and American unilateralism triumph shaped the system based on security. As former President Bush said “a new era has started”, in this new order Turkey became more vital for US in its war on terrorism. Although Turkey has never been considered as great...
Keynesgil Finansal Düzenlemelerden Finansallaşmaya: iktisat Literatürü Ve ABD Ekonomisinin Finansallaşmasına Tarihsel Bir Bakış
Orhangazi, Özgür (Orta Doğu Teknik Üniversitesi (Ankara, Turkey), 2008-6)
Basta ABD ekonomisi olmak üzere hem merkez hem de çevre ülke ekonomilerinde finansal piyasaların, iliskilerin, kurumların ve islemlerin boyutları ve önemi özellikle son yirmi-yirmibes senede muazzam düzeyde arttı. Öyle ki, kapitalist sistemin su an içinde bulunduğu asamayı nitelemek için sıkça kullanılan küresellesme ve neoliberalizm kavramlarına bir üçüncüsü olarak ‘finansallasma’ eklendi. Bu makalede, Keynesgil birikim sürecinin çesitli kural ve kısıtlamalarla düzenlenmis finansal sisteminin yerini, gider...
From JDP’s populism to culturalization of politics: a discourse analytical approach
Kalaylıoğlu, Mahir; Beşpınar Akgüner, Fatma Umut; Department of Sociology (2017)
In this study, political discourse of the Justice and Development Party and some of its performances in specific political phases – along with the displacements, modifications, etc. that have made possible these performances – are addressed from a discourse analytical approach. In this context, the main aim of the study is, basing on populism theory of Ernesto Laclau, to determine main characteristics of the JDP politics primarily in terms of the hegemonic momentum the party gained in the beginning of 2000s...
From Trilemma to Dilemma: Post-Bretton Woods World
Cömert, Hasan (2016-09-10)
Many argue that the concept of the trilemma, referring that out of independent monetary policy, free capital movement and fixed exchange rate regime only two can exist at the same time, is a potent tool to explore the effectiveness of monetary policy during the Bretton Woods (BW) regime and afterward. However, under this regime, besides capital controls, regulated domestic financial markets and diversity in central bank instruments contributed to the existence of the independent monetary policy. After the c...
Citation Formats
H. Cömert, From Trilemma to Dilemma: Monetary Policy after the Bretton Woods. 2019.