Fatih Özatay, PhD
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Dual-character growth performance, again
Yesterday growth rate for the first quarter was announced. As expected gross domestic product (GDP) increased significantly compared to the same period in the year…
Just before growth rates are announced
On Wednesday growth rates for the first quarter of 2010 will be announced. The figures will suggest that Turkey's economy grew quite rapidly compared to the same period…
Does the digestion capacity of the EU decrease day by day?
Recently it was announced that the European Union's (EU) statistics agency Eurostat will be furnished with a broader set of authorities to be able to audit the budget…
Turkey’s exports in Euro and Dollar terms
We must admit that the current problems of the European Union (EU) furnished us with a lot of material to write on. One among these was that Turkey's exports will be…
Keynes: Dead and alive
Recently a significant discussion has emerged among members of governments in developed countries and famous academics. Shall countries initiate fiscal policy tightening…
A six-item export policy proposal
My last two commentaries started with the risk that the recent developments in the European Union affect Turkey's exports adversely. In particular I was interested in…
Exports, exchange rate and the Central Bank
I was concerned about what Turkey can do to improve its export performance taking departure from the risk that the developments in the European Union affects Turkey's…
Future problems of Turkey’s exports
Last week I participated into a meeting organized by the Undersecretariat of Foreign Trade. The theme of the meeting to be discussed by a limited number of bureaucrats,…
Recent developments in production and foreign fund utilization
This week data on two important indicators were announced: industrial production index and balance of payments in April. So today I would like to evaluate the recent…
Are flying fish rare?
I talked about this before, but not in detail. Last September a roundtable meeting organized by a Brussels based think tank and IMF was held with limited participation.…
Need for a flying fish
I believe it is obvious that if some countries have trade surpluses, some others should have trade deficits. Of course this statement might be wrong if the countries…
Hungary and the fiscal rule
Things turned into an "entertainment" once again. A web page that gives instant notifications about the developments in the world markets (Bloomberg) is open as long as…