{"id":40592,"date":"2015-08-06T08:35:09","date_gmt":"2015-08-06T05:35:09","guid":{"rendered":"http:\/\/www.bilgeyatirimci.com\/?p=40592"},"modified":"2015-08-06T08:45:19","modified_gmt":"2015-08-06T05:45:19","slug":"merkez-bankasi-ve-onemli-calismalar","status":"publish","type":"post","link":"https:\/\/www.bilgeyatirimci.com\/i\/merkez-bankasi-ve-onemli-calismalar\/","title":{"rendered":"Merkez Bankas\u0131 ve \u00f6nemli \u00e7al\u0131\u015fmalar"},"content":{"rendered":"<p><strong><em>T\u00fcrkiye Cumhuriyet Merkez Bankas\u0131\u2019n\u0131n (TCMB) yay\u0131nlad\u0131\u011f\u0131 enflasyon raporlar\u0131 \u00e7ok de\u011ferli bilgiler i\u00e7eriyor. <\/em><\/strong><\/p><div class=\"bilge-yaziust\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-971534554\"><ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-7495567325667578\"\r\n     data-ad-slot=\"9580705384\"\r\n     data-ad-format=\"rectangle\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>\u0130\u015f d\u00fcnyas\u0131 her ne kadar bu raporlar\u0131 \u00e7ok merak etmese de finansal piyasalardaki uzmanlar ve ara\u015ft\u0131rma birimleri \u00e7ok daha dikkatle inceleyerek ekonomiye ili\u015fkin yol haritas\u0131 \u00e7\u0131kar\u0131yorlar.<\/p>\n<p>S\u00fcreyya Serdenge\u00e7ti zaman\u0131nda ba\u015flayan, Durmu\u015f Y\u0131lmaz ve Erdem Ba\u015f\u00e7\u0131 d\u00f6nemlerinde \u00e7ok daha \u00f6nem verilen uygulamalardan biri Merkez Bankas\u0131\u2019n\u0131n ara\u015ft\u0131rma biriminin kalitesi ve \u00fcrettikleri raporlar olmu\u015ftur. Merkez Bankam\u0131z her y\u0131l, Amerika ve \u0130ngiltere gibi \u00fclkelerde akademik kariyer yapan ve bilime katk\u0131da bulunan bir\u00e7ok insan\u0131m\u0131z\u0131, bu \u00fclkelerde toplant\u0131lar yaparak, MB\u2019nin ara\u015ft\u0131rma birimine kazand\u0131rm\u0131\u015ft\u0131r.<\/p>\n<p>Bir \u00fclkedeki ekonomik politikay\u0131 iki ana koldan ele alabilirsiniz. Bunlar para politikas\u0131 ve maliye politikas\u0131d\u0131r. Para politikas\u0131 MB taraf\u0131ndan, kanunun belirledi\u011fi \u00e7er\u00e7evede ba\u011f\u0131ms\u0131z bir \u015fekilde y\u00fcr\u00fct\u00fclmektedir. (Ya da y\u00fcr\u00fct\u00fclmesi beklenir.) Maliye politikas\u0131n\u0131 da iktidardaki h\u00fck\u00fcmet belirler. T\u00fcm d\u00fcnyada oldu\u011fu gibi, para ve maliye politikalar\u0131 bir \u00fclkedeki kaynaklar\u0131n da\u011f\u0131l\u0131m\u0131n\u0131 ciddi anlamda etkilerler ve bu politikalar, h\u00fck\u00fcmetin belirlemi\u015f oldu\u011fu orta vadeli ekonomik hedeflere ula\u015facak \u015fekilde dizayn edilir.<\/p>\n<p><strong>Orta ve uzun vadeden uzakta<\/strong><\/p>\n<p>Siyaset-ekonomi ili\u015fkisi aynen borsa-yat\u0131r\u0131mc\u0131 ili\u015fkisi gibidir. Borsadaki yat\u0131r\u0131mc\u0131lar k\u0131sa s\u00fcrede k\u00f6\u015feyi d\u00f6nmek isteyerek orta ve uzun vadeli hedeflerinden b\u00fcy\u00fck sapma g\u00f6sterirken, siyasiler de k\u0131sa vadede oy art\u0131r\u0131c\u0131 sonu\u00e7lar alarak oylar\u0131n\u0131 art\u0131r\u0131c\u0131 politika uygularken, orta ve uzun vadeli ekonomik hedeflerden uzakla\u015fabilirler. \u015eu anki makroekonomik sorunlar\u0131m\u0131z\u0131n temelinde de bu yakla\u015f\u0131m vard\u0131r. Fakat yine de para politikas\u0131na etkide bulunmak o kadar kolay de\u011fildir. \u00c7\u00fcnk\u00fc piyasalar bunu an\u0131nda cezaland\u0131r\u0131r.<\/p>\n<p>Merkez Bankam\u0131z\u2019daki ara\u015ft\u0131rma birimi, uygulad\u0131klar\u0131 para politikalar\u0131n\u0131n etkilerini, hedeflere ula\u015fmadaki ba\u015far\u0131s\u0131n\u0131 art\u0131rmak \u00fczere g\u00fczel \u00e7al\u0131\u015fmalar yap\u0131yorlar. Son yay\u0131nlanan enflasyon raporunda kutu olarak verilen iki \u00e7al\u0131\u015fma \u00e7ok dikkatimi \u00e7ekti. Kutu 3.1\u2019de Fethi \u00d6\u011f\u00fcn\u00e7 ve \u00c7a\u011fr\u0131 Sar\u0131kaya taraf\u0131ndan yay\u0131nlanm\u0131\u015f bir \u00e7al\u0131\u015fman\u0131n \u00f6zeti verilmi\u015f.<\/p>\n<p>Say\u0131n \u00d6\u011f\u00fcn\u00e7 ve Sar\u0131kaya, kullan\u0131lan kredilerin enflasyon \u00fczerindeki etkilerini analiz etmi\u015f. Asl\u0131nda teknik bir \u00e7al\u0131\u015fma ama sizlere Philips e\u011frisinden bahsetmeyip sadece \u00e7al\u0131\u015fman\u0131n mesaj\u0131n\u0131 verece\u011fim\u2026<\/p><div class=\"bilge-content-1\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-671283234\"><ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-7495567325667578\"\r\n     data-ad-slot=\"3167340272\"\r\n     data-ad-format=\"rectangle\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>Bug\u00fcn Gazetesi&#8217;ndeki k\u00f6\u015fe yaz\u0131m\u0131n devam\u0131 i\u00e7in <strong><a href=\"http:\/\/www.bugun.com.tr\/merkez-bankasi-ve-onemli-calismalar-yazisi-1770955\" target=\"_blank\" data-wpel-link=\"external\" rel=\"nofollow external noopener\">TIKLAYINIZ<\/a><\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>T\u00fcrkiye Cumhuriyet Merkez Bankas\u0131\u2019n\u0131n (TCMB) yay\u0131nlad\u0131\u011f\u0131 enflasyon raporlar\u0131 \u00e7ok de\u011ferli bilgiler i\u00e7eriyor. \u0130\u015f d\u00fcnyas\u0131 her ne kadar bu raporlar\u0131 \u00e7ok merak etmese de finansal piyasalardaki&hellip;<\/p>\n","protected":false},"author":102,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[1464,1465,769,715],"class_list":["post-40592","post","type-post","status-publish","format-standard","hentry","category-tumyazilar","tag-borsa-tahminleri","tag-borsa-tuyolari","tag-borsa-yorumlari-gunluk","tag-yasar-erdinc-yazilari"],"_links":{"self":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/40592","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/users\/102"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/comments?post=40592"}],"version-history":[{"count":0,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/40592\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media?parent=40592"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/categories?post=40592"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/tags?post=40592"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}