Sabancı University
Faculty of Arts and Social Sciences
ECONOMICS SEMINAR
Stabilizations versus Development: A Tale of Two Tales
Bilal Bağış
(İstanbul 29 Mayıs University)
Friday, April 15, 2016
13:45 FASS 2034
Abstract: This paper aims to analyze the evolution of central banking and inparticular the American experience of central banking. It discusses improvements in the financial sector, regulations and different measures of monetary and financial rules around the world economies. The paper argues central bank evolution is not complete yet and that more objectives should be expected to come forward. The paper claims institutions such as central banks will gain more importance and thus will be given more authority, over time. It further claims, looking forward, the central banks will focus more on development of the real sectors of their respective economies and employment; as well as more attention on regulation and social equality. And that, there is need for a shift in conventional policy measures.
P.S: The seminar will be held in English.