Fatih Özatay, PhD
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Waste of time
In the last two articles I started to seek rough answers for the question how sustainable growth rate can be raised after the end of sharp contractionary period we are…
Fund flows between states
The question we asked yesterday was: If in the 'new financial system' amount of foreign funds will be lower; how can we achieve high growth? Here, financial sector…
On savings rate
Low domestic savings rate and the problems it causes are being discussed more frequently in the recent period. I also wrote a couple of commentaries on this issue. There…
It is not in our culture, what can we do?
We lack an important skill. We do not know how to tackle recession under normal conditions. We do not have that feature in our culture. Until now, all recessions were…
I hope I am wrong
Krize karşı ekonomi politikası tasarımında ve uygulamasında çok önemli hatalar yaptık. Şimdi bu hatalar, büyüme hızımızı artırıcı politikalar uygulamamızın önüne önemli…
Do we deserve these?
First of all I have to apologize. I do not remember exactly how many columns I have written on the senselessness of automotive sector tax cuts. I argued that it will not…
Possibility of spinning rises
Unemployment data for April were announced yesterday. In the recent months it became a tradition to say 'as expected' each time new data is announced. There is still no…
Seventeenth biggest
Automotive sector market data for June was announced. Now it is time for intellectual monitoring. Tax cat was implemented for the automotive sector effective as of the…
Latest developments
On Friday capacity utilization rates for June were announced. The figure indicates a lower capacity utilization rate than the same period last year. However, it is…
We forget fast
Latest data confirmed that unlike the expectations things did not get back on track in the second quarter. In June exports have decreased by 32.8 percent as compared to…
Adding fuel to the flames
For the last two articles I have been mentioning how being stuck with economic policies offered in the first chapters of economics textbooks direct Turkey to mistaken…
Scenario of spinning (2)
My basis economic scenario for 2010 and 2011 was the scenario of 'spinning'. On Thursday I briefly touched upon why it is most likely that the economy will spin: Level…