Abstract:

The economic policies which countries put in the practice intends to do to come to the economic target or to target out to the economic problem. The policies to target these goals are categorized monetary policy and fiscal policy. The priority goals of central banks which have been put in to practice monetary policy range from each other, nonetheless commonly priority goal target price stabilization and to provide full employment. There are different monetary policy strategies to meet these goals. One of these strategies is inflation targeting strategy. Turkey has put in the practice implicit inflation targeting between 2002-2006, open economy inflation targeting after 2006. This article, on the basis of global and national economic developments, aims at performance rating that duration of the practice of inflation targeting which is part of the monetary policy strategy, to provide macroeconomic stabilization. In the end of research it is understood that according to the Central Bank law number 4651 on to provide price stabilization which is the final target of the Central Bank; the strategy of inflation targeting has been partially successfully before the 2008 financial crisis, on the other hand is not successfully solely to provide macroeconomic stabilization after the 2008 financial crisis. These developments bring on call in the question the performance of inflation targeting strategy

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