Research Article

A New Approach to Controlling Inflation: Using the Method of Training Wild Horses

Volume: 40 Number: 4 October 1, 2025
TR EN

A New Approach to Controlling Inflation: Using the Method of Training Wild Horses

Abstract

The aim of this study is to offer new solutions to the complex inflation processes caused by the free movement of capital after globalization. As a method, the policies used by countries in different geographical regions around the world to combat inflation were examined by scanning the literature. Then, analytical inferences were made on the similarities between the phenomenon of inflation and the taming of wild horses, and various suggestions were presented. In the study, it was emphasized that each country should implement policies customized to its own specific conditions. Because inflation is not only an economic phenomenon but also a social phenomenon, for this reason, standard economic strategies may not always be effective in combating inflation. In this context, it is suggested to establish an independent "inflation board" consisting of experts from different disciplines that take into account local and global economic conditions. In addition to providing suggestions for monetary and fiscal policies, this board can contribute to more effective and sustainable results in combating inflation by conducting monitoring activities and taking additional measures when necessary.

Keywords

References

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Details

Primary Language

English

Subjects

Inflation

Journal Section

Research Article

Early Pub Date

October 1, 2025

Publication Date

October 1, 2025

Submission Date

February 25, 2025

Acceptance Date

April 22, 2025

Published in Issue

Year 2025 Volume: 40 Number: 4

APA
Baysal, D., Eryüzlü, H., Erkan, B., & Çalış, N. (2025). A New Approach to Controlling Inflation: Using the Method of Training Wild Horses. İzmir İktisat Dergisi, 40(4), 1107-1124. https://doi.org/10.24988/ije.1646809
AMA
1.Baysal D, Eryüzlü H, Erkan B, Çalış N. A New Approach to Controlling Inflation: Using the Method of Training Wild Horses. İzmir İktisat Dergisi. 2025;40(4):1107-1124. doi:10.24988/ije.1646809
Chicago
Baysal, Durmuş, Hakan Eryüzlü, Birol Erkan, and Nazif Çalış. 2025. “A New Approach to Controlling Inflation: Using the Method of Training Wild Horses”. İzmir İktisat Dergisi 40 (4): 1107-24. https://doi.org/10.24988/ije.1646809.
EndNote
Baysal D, Eryüzlü H, Erkan B, Çalış N (October 1, 2025) A New Approach to Controlling Inflation: Using the Method of Training Wild Horses. İzmir İktisat Dergisi 40 4 1107–1124.
IEEE
[1]D. Baysal, H. Eryüzlü, B. Erkan, and N. Çalış, “A New Approach to Controlling Inflation: Using the Method of Training Wild Horses”, İzmir İktisat Dergisi, vol. 40, no. 4, pp. 1107–1124, Oct. 2025, doi: 10.24988/ije.1646809.
ISNAD
Baysal, Durmuş - Eryüzlü, Hakan - Erkan, Birol - Çalış, Nazif. “A New Approach to Controlling Inflation: Using the Method of Training Wild Horses”. İzmir İktisat Dergisi 40/4 (October 1, 2025): 1107-1124. https://doi.org/10.24988/ije.1646809.
JAMA
1.Baysal D, Eryüzlü H, Erkan B, Çalış N. A New Approach to Controlling Inflation: Using the Method of Training Wild Horses. İzmir İktisat Dergisi. 2025;40:1107–1124.
MLA
Baysal, Durmuş, et al. “A New Approach to Controlling Inflation: Using the Method of Training Wild Horses”. İzmir İktisat Dergisi, vol. 40, no. 4, Oct. 2025, pp. 1107-24, doi:10.24988/ije.1646809.
Vancouver
1.Durmuş Baysal, Hakan Eryüzlü, Birol Erkan, Nazif Çalış. A New Approach to Controlling Inflation: Using the Method of Training Wild Horses. İzmir İktisat Dergisi. 2025 Oct. 1;40(4):1107-24. doi:10.24988/ije.1646809
İzmir Journal of Economics
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