Güven Sak, PhD
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Why do Turks invest so much in construction?
Since the 1980s, Turkey has transformed itself from a sleepy agricultural economy to a mid-tech industrial economy. Impressive? Yes. But it stopped there. Just have a…

Public Security a la Turca
Emrullah Efendi, an Ottoman scholar on education, became the Minister of Education in 1910. He was elected to the Ottoman Parliament in 1909, from Kırklareli province in…

Cracking the wall of forgetfulness
Pax Ottomanica was based on the might of the Ottoman army. For most of the time during Empire’s rule, the tribes in eastern Anatolia, or Arab sheiks of the southern…

Why the G20 had an asymmetric impact on the Bretton Woods twins
April is the best time to see Washington DC. The cherry blossom herald the spring, and the weather is perfect for strolls along the Potomac river. Wait a few weeks, and…

What do journalists do when they can’t write about the news?
Oscar Wilde is quoted as saying that “the one duty we owe to history is to rewrite it.” For some reason, recently Turkish journalists have been taking that duty on…

Turkey is not included in the Middle East tour of the Chinese President
Chinese President Xi Jingping will go on a Middle East tour in April. This will be the first visit of Xi Jingping to our region. Which countries does this first visit…

Is a presidential system mandatory to improve the efficacy of the administration?
History seems to have paced up in Turkey these days. Not one, but multiple incidents happen in the country every day. The truth is, I feel somewhat dizzy. Before we can…

We need a new story on incentives
The growth rate for 2014 was announced the other day. The Turkish economy grew by 2.9% in 2014. There is no point in dreaming: The annual growth rate of our economy in…

Show trials are bad for the investment climate
Looking for an area to really impact the G-20? Look no further than the IMF. The Multilateral Assessment Process (MAP) framework among the G-20 countries is definitely…

No hi-tech on the horizon without revising this administrative infrastructure
Catastrophe after catastrophe shook the country on March 31, 2015. On the one hand, a blackout left the entire country without electricity. On the other, one of our…

Turkey has changed, the constitutional architecture remained unchanged
Turkey had better start thinking about a new constitutional architecture not only to boost its per capita income from $10k to $25k, but also to save the precarious…

No hi-tech without foreign investment
Turkey carried out fundamental policy reforms in the 1980s. First we abolished gasoline subsidies. Then we opened our economy to the outside world. We exported $3bn…