Küresel Kapitalist Dönemde Merkez Bankacılığının Dönüşümü: Türk Merkez Bankası Örneği
Özet
Central Banks and capitalism have a long history. However, especially with the
transformation in capitalism in the post-1980 period, the independence and role of
central banks in the integration of both developed and underdeveloped countries into the
financial capitalist system has had a critical importance. Discussions about Central
Banks in academic studies have generally focused on their independence. However,
these institutions have many different meanings beyond the independence debates. Its
relations with both the public sphere and the private sphere have transformed over time,
just like in capitalism. Similarly, a transformation took place during the financialization
period. Along with the depoliticization discourse that emerged in the financial period,
the idea of managing the economy independently from politics has emerged. Thus, it is
aimed to manage the economy by international financial institutions. In order for the
policies imposed by these institutions to be similar in all countries and to be followed
locally, an institution on both sides of the state-capitalism relationship was needed. This
task has been given to central banks, especially considering their relationship with
financial structures. Therefore, in this study, after examining the reasons for the rise of
global capitalism and financialization, it is discussed how the relationship between
central banking, state and capitalism has transformed over time in the axis of
depoliticization. Then, the role of the central bank in the developing countries in the
global capitalization process was examined, focusing on the example of the Turkish
Central Bank. The aim of the study is to examine how the central banks underwent a
transformation with the new approaches that emerged in the post-1980 period, and the
reflections of these transformations on the example of Turkey and how they went
through