The Central Bank of Türkiye (CBRT) is set to host an international academic conference on monetary policy in emerging markets. The event, organized by the National Bureau of Economic Research (NBER), will take place in Istanbul on May 7-8, 2025.
Leading global financial institutions, including the U.S. Federal Reserve (Fed), the European Central Bank (ECB), the International Monetary Fund (IMF), and the World Bank, are expected to send representatives to participate in the conference.
Focus on monetary policy in emerging markets
According to the statement from the CBRT, the conference aims to encourage research into monetary policy within emerging markets and analyze past experiences of developing economies. The NBER, known for its research in economic issues, will lead discussions on topics under the theme of “Monetary Policy in Emerging Markets.”
Key discussion topics
The conference will cover a wide range of important issues related to monetary policy in developing countries. Some of the key topics include:
- Monetary policy in high-inflation environments
- Trade-offs in defining the optimal monetary policy stance in emerging markets
- Interaction between monetary and fiscal policies specific to developing economies
- Monetary policy, capital flows, and exchange rates
- Monetary policy and financial mismatches, international arbitrage deviations
- Interactions between monetary policy and macroprudential policy, risk premiums, and financial markets
- Inflationary effects of supply chain restructuring on monetary policy
- Debt management in a high-interest environment
- Interactions between monetary policy, exchange rates, capital controls, and other policies
- The geopolitical role of the Global South in economic divergence
The CBRT encourages interested participants to submit their research papers, especially on the mentioned topics, through the official conference page.
