Fatih Özatay, PhD
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Why do you hate us Aesop!
Nowadays the main cause of the tension originating from the US is in the second category, that is, the risk that things might jump the track. For your sanity, it is…
Condoning the rentier lobby and raising the nonexistent one instead
The systematic encouragement of profit-seeking and the absence of any taxes on land profits reinforce the possible risk of lowered potential growth rate for Turkey Land…
A series of oddities
In the first seven months of the year, gold imports were almost equal to machinery and equipment imports! Will Turkey grow via gold imports? Turkey is an increasingly…
Overpraising (n+1)
We have to stop overpraising Turkey’s economy and face the reality. This is the only way to solve the problem. Brace yourselves now. I will divide the post-1990 period…
Thus spoke the central authority…
Let’s say that there are 100 theology faculties in Turkey. YÖK asks their opinion on such a resolution and 99 of them votes for it. In the early 1980s, Robert Frank…
The abnormality of the normalization process
So, if the FED announces the anticipated steps, will that be the end of the story? Not even close, unfortunately. Two main matters of debate concerning FED are ahead of…
What’s the purpose of raising FX spending with imports decreasing?
If I were in the shoes of the economy management, I would elaborate on the correlation between the hike in gold imports and the current economic policy. Have you seen…
Signs of a fall in Turkey’s potential growth rate?
It is likely that with a short-term drop in foreign finance opportunities, Turkey’s current account deficit might not fall in the short-term and rise back to its normal…
Cold comfort
Let’s assume that until today not even a dime has left and will leave Turkey. Is this enough for a relief? “Fund outflow from Turkey was rather limited.” they say. They…
Two critical mistakes played a key role
Since the late 2010 up to today, the interest rate policy of the CB relied mainly on the exchange rate movements. No, we are not ruined or anything. True, interest and…
BISIT...
In each and every report and article released recently, you see these five countries on the top of the list for countries which will be affected most severely by the…
Why not temporary?
I believe underlying the decisions the Central Bank has or has not taken it is this feeling that the current international tensions will prove temporary. Are they…