Güven Sak, PhD
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The total value of bounced checks has doubled
Anatolian tradesmen and industrialists feel the economic slowdown the most. We are going through an interesting period. Turkey’s economy has been slowing down in a…
More female CEOs in Turkey
When education and income barriers are passed, women tend to be more active as employers. What first comes to mind when defining Turkey? I suppose it must be the duality…
What’s with the Boğaziçi zombies?
The draft shows us that all has been quiet on the YÖK front since its establishment. Last week Radikal had an eye catching headline “One thousand zombies at Boğaziçi…
Let’s urbanize our agricultural policy already
Turkey’s agricultural policy framework concentrates on rural development rather than on the productivity of the sector. The majority of the voters, however, now live in…
Turkey’s economic growth stuck between Hamas and PKK?
Turkey could not enact an effective legal framework to combat terrorist financing. I was at a meeting with a group of officials from the European Investment Bank (EIB)…
So this is the free floating exchange rate regime, huh?
Under the floating exchange rate regime, the exchange rate is expected to float. If it does not, the banking system that cannot sense risk accumulates risks. The world…
Political polarization is bad for the economy
I believe that political polarization has been blocking our way and reducing our luck. The US has the same problem. Politicians love political polarization. They can’t…
Reform fatigue in Turkey
I was at the Prague Enlargement Dialogue meeting last week, where I was asked whether the prolonged accession process had led to reform fatigue in Turkey. Now, our…
Why did ASEAN not win the Nobel Peace Prize?
At the outset of beating the odds lies the courage to confront history. The EU has been courageous enough, ASEAN has not. The European Union (EU) won the 2012 Nobel…
Turkey achieved half of the EU’s GDP per capita before 2020
The number of SMEs operating in Turkey with EU capital has increased from 4,000 in 2003 to 15,000. Turkey’s per capita GDP has reached 50% of the EU-27 average. Please…
The next big debate in Turkey
Turkey’s economy and public life today is deprived of the skills and creativity of half of its population. Turkish women do not get jobs. Turkey is the only OECD country…
You should not rent a car in India
Turkey is a country where you can rent a car; India is not. But there are interesting similarities between the two countries. There are two types of countries in the…