Güven Sak, PhD
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The tipping point in Syria’s awakening?
Someone wants Syrians to see that we are at the tipping point of the Awakening. We might be at the beginning of a long and tiresome transformation process. The Arab…
The interest rate has increased by 50% since February
The Central Bank has achieved an outcome that could have been ensured simply by saying “I am increasing the policy interest rate,” and has confused everyone. Recently a…
Dubai can beat Istanbul
Turkey has been postponing the structural policy package since 2007. If they push harder, Turkey will become like Italy. I am discontented with the short-termism that…
The end of Turkey’s Indian Summer
The decline of Europe’s Rosy days also marks the end of the Indian summer for Turkey. That, at least, is what I see in the deepening European crisis. Europe is neatly…
Those who build bad buildings must know that they will pay the price
If there is no building inspection, there is no rule. If the building inspections are not made property, sanctions cannot be imposed. Recently the New York Times…
No peace, no innovation
Systems in which all parties can remain in their own space are suitable for innovation. There are many signs. If you focus on the signs instead of empty talk, you will…
The 'R-Word' between Greece and Germany
Europe’s leaders were shocked when Greek Prime Minister George Papandreou announced his intention of holding a referendum on a debt deal reached with the European Union.…
Do not stand up or unfasten your seatbelts.
Turkey will be affected by the crisis as much as Europe, regardless of the future direction of the crisis in the latter. This is what the cabin crew says when there is…
Crocodiles swim in the streets of Bangkok
We are not alone. There is another country that can compete with Turkey in incompetence: Thailand. It seems that “it was the best of times, it was the worst of times” in…
The mother of all problems
Are you following the organizational mess surrounding the earthquake in Van? Those coordination failures highlight Turkey’s underlying problems. What, really, is the…
Turkey has made no progress since 1999
The Van earthquake has revealed that Turkey is still a developing country. There are two types of countries in the world: those with developed organization capacities…
Which language will the Central Bank speak?
I hope that the CBT stops playing in the sand and eliminates the second source of uncertainty today. Our opinion about the situation in Turkey has been changing. Lately…