Ayca Zayim
Biographic Data
| ID | 297858 |
|---|---|
| NAME | Ayca Zayim |
| GIVEN NAMES | Ayca |
| FAMILY NAME | Zayim |
| SIGNATURE | ZAYIM A |
| AFFILIATIONS | Mount Holyoke College |
| VERIFIED | No |
| TOTAL WORKS | 4 |
| TOTAL CITATIONS | 3 |
| AUTHOR COUNT | 4 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2021 |
| LATEST PUBLICATION YEAR | 2025 |
| H-INDEX | 1 |
Beyond neoliberalism? Bilateral central bank swaps and changing global financial governance
Bilateral central bank swap agreements have become the most significant source of emergency liquidity since 2008. The US and China play a key role in the emergent swap networks. Does the rise of China and bilateral swaps signal the emergence of a post-neoliberal global financial order? Based on public texts, data, and interviews in Turkey-one of China's swap partners-this article explores how the rise of swap lines has influenced the policy space…
Financialized Growth and the Structural Power of Finance: Turkey's Debt-Led Growth Regime and Policy Response after the Crisis
This article analyzes the Turkish central bank's “managed uncertainty” policy after the global financial crisis. During 2010–14, the central bank intentionally generated uncertainty around short-term interest rates, using the level of predictability faced by financiers as a tool to buffer the domestic economy from volatile capital flows. How did the central bank implement this unconventional policy? Building on interview data and public texts, th…
Inside the black box: Credibility and the Situational Power of Central Banks
Despite the consensus that the power of finance constraints central banks under financial globalization, the variation in their autonomy from market forces at the micro level of monetary policymaking remains underexplored. This article demonstrates that credibility endows central banks with situational power to make monetary policy decisions that involve less sacrifice of economic growth to price stability. Based on the comparative analysis of th…
Central Banks and Cultivating Credibility
Central bankers’ choices over monetary policy involve judgments about what is best for their societies and are ultimately marked by a trade-off between controlling inflation and stimulating economic growth. Depending on how central bankers choose to balance these two competing goals, they ultimately privilege the interests and well-being of some groups over others
Inside the black box: Credibility and the Situational Power of Central Banks
Despite the consensus that the power of finance constraints central banks under financial globalization, the variation in their autonomy from market forces at the micro level of monetary policymaking remains underexplored. This article demonstrates that credibility endows central banks with situational power to make monetary policy decisions that involve less sacrifice of economic growth to price stability. Based on the comparative analysis of th…
Central Banks and Cultivating Credibility
Central bankers’ choices over monetary policy involve judgments about what is best for their societies and are ultimately marked by a trade-off between controlling inflation and stimulating economic growth. Depending on how central bankers choose to balance these two competing goals, they ultimately privilege the interests and well-being of some groups over others
Financialized Growth and the Structural Power of Finance: Turkey's Debt-Led Growth Regime and Policy Response after the Crisis
This article analyzes the Turkish central bank's “managed uncertainty” policy after the global financial crisis. During 2010–14, the central bank intentionally generated uncertainty around short-term interest rates, using the level of predictability faced by financiers as a tool to buffer the domestic economy from volatile capital flows. How did the central bank implement this unconventional policy? Building on interview data and public texts, th…
Inside the black box: Credibility and the Situational Power of Central Banks
Despite the consensus that the power of finance constraints central banks under financial globalization, the variation in their autonomy from market forces at the micro level of monetary policymaking remains underexplored. This article demonstrates that credibility endows central banks with situational power to make monetary policy decisions that involve less sacrifice of economic growth to price stability. Based on the comparative analysis of th…
Beyond neoliberalism? Bilateral central bank swaps and changing global financial governance
Bilateral central bank swap agreements have become the most significant source of emergency liquidity since 2008. The US and China play a key role in the emergent swap networks. Does the rise of China and bilateral swaps signal the emergence of a post-neoliberal global financial order? Based on public texts, data, and interviews in Turkey-one of China's swap partners-this article explores how the rise of swap lines has influenced the policy space…
Economics (4 works) · Global Financial Crisis and Policies (4 works) · Monetary economics (4 works) · Business (3 works) · Finance (3 works) · Financial system (3 works) · Political science (3 works) · Central bank (2 works) · Credibility (2 works) · Finance (2 works)