TR-Dizin İndeksli Yayınlar Koleksiyonu / TR Dizin Indexed Publications Collection
Permanent URI for this collectionhttps://hdl.handle.net/20.500.11779/1927
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Browsing TR-Dizin İndeksli Yayınlar Koleksiyonu / TR Dizin Indexed Publications Collection by Institution Author "Asfuroğlu, Dila"
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Article Central Bank Digital Currency in an Emerging Market Economy: Case of the Central Bank of the Republic of Türkiye(2024) Asfuroğlu, DilaCentral banks have historically been using traditional channels for communication and physical money for transactions, fulfilling the needs of previous millennia, while the evolution of technology, electronic devices, and needs in transactions necessitate the use of modern communication channels, such as X (formerly known as Twitter), as well as modern payment systems, such as central bank digital currencies (CBDC). Hence, this paper aims to unfold where the Central Bank of the Republic of Türkiye (CBRT), as an example of emerging markets, stands in informing the public about CBDC. To this end, it conducts an event study on the official X account of CBRT in English over 10.2020-12.2022 by utilizing Nvivo. The findings of the quantitative analysis of the tweets show that CBRT does not regard X as a primary communication channel and mainly shares links to publications from the official websites in X. Also, CBRT tends to adopt a ‘cold-turkey’ informative approach about CBDC with the public rather than ‘gradualism’. Consequently, CBRT should rigorously design a communication strategy that fulfills the needs of the modern economy and start addressing CBDC to raise awareness if a quick transition to digital currency is targeted.Article Türkiye'nin Döngüsel Ekonomiye Geçiş Performansı Üzerine Karşılaştırmalı bir Analiz(2024) Asfuroglu, DilaThis study aims to demonstrate Turkey's performance on the transition to the circular economy by comparing it with selected developed and developing economies. The quantitative analysis is conducted with the data collected from Eurostat and the OECD.Stat over the period 2000– 2022, for the selected developed economies, namely, Germany, Sweden, and the United Kingdom, and the selected developing economies, namely, Hungary, Bulgaria, Albania, and Serbia. According to the results, Turkey's resource productivity has increased over the years, with the most effective increases observed since 2017. The relatively low domestic material consumption and material footprint indicate low demand and consumption overall. The increase in total waste per capita with a decrease in municipal waste per capita shows that Turkey's household waste generation is low, but waste generation per person is high. The most frequently used waste treatment has been disposal for ma ny years, yet recycling has accelerated since 2016. The increase in the recycling rate of municipal waste, according to the data that is available for the last five years, is a positive development. Import dependency has not decreased over the years, although it is at lower levels compared to developed countries. In recent years, dependency on all raw materials has been declining, while dependency on metal ores and fossil energy has been very high. Finally, greenhouse gas emissions have increased significantly over the years, making this indicator Turkey's worst for the transition to a circular economy. Since the existing literature has mostly covered European Union (EU) countries and the research on Turkey is generally about creating a theoretical framework, this study fills the gap in the literature. Through country comparisons, this paper also facilitates understanding how far Turkey, as a candidate country for EU membership, is from the EU's circular economy targets and whether or not Turkey has made progress in adopting circular economy and related policies, and provides policy recommendations to policymakers to improve Turkey's performance in the circular economy.
