ON THE INDEPENDENCY OF THE CENTRAL BANK OF THE TURKISH REPUBLIC OF NORTHERN CYPRUS

Abstract

Within the frame of discussions focusing on the provision of price stability, the central banks that attempt to enhance their independence have increased recently. Scientific studies in this field tend to support this discussion. The Central Bank of Turkish Republic of Northern Cyprus TRNC has been exceptional case due to the fact that Turkish Lira has been in circulation as a legal tender during the period of dollarization; and there is no relation between its inflation target and monetary policy.

Keywords

• Central Bank independence, Legal aspect, TRNC

KUZEY KIBRIS TÜRK CUMHURİYETİ’NDE KKTC MERKEZ BANKASI’NIN BAĞIMSIZLIĞI

Abstract

Genel eğilim olarak fiyat istikrarını artırma yönünde odaklaşan tartışmalar çerçevesinde, Merkez Bankaları son zamanlarda bağımsızlıklarını artırma yönünde girişimde bulunmaktadırlar. Bu alanda gerçekleştirilen bilimsel çalışmalar ise bu tartışmaları destekler nitelik taşımaktadır. KKTC’de dolarizasyon kapsamında kanuni para olarak Türk Lirası’nın TL kullanılması ve dolayısıyla enflasyon hedefi ile para politikası ilişkisinin ortadan kalkması gerçeğinden hareketle Merkez Bankası bağımsızlığında KKTC istisnai bir vaka olarak ele alınmıştır

Keywords

• Merkez Bankası bağımsızlığı , Yasal yön , KKTC

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