Fatih Özatay, PhD
Page 58 / 61
Exchange rate and illegal use of electricity
Last week, important figures were announced: We learned growth rate in 2008, temporary export figures and inflation rate for. Before that, confidence index figures were…
Once again on confidence
We all know that among the main determinants of consumer and investor behaviors are the confidence in the future of the economy. It is both what economics theory says…
Crisis crier or justified warnings?
There are two arguments about the crisis and they are almost bonded to each other. I think they are really interesting. These arguments were stated politically. However,…
So, how will the IMF's tradition change?
While talking about reconstruction of institutions like the IMF and the WB and redesigning the global architecture, in the G-20 meeting to be held in London it is…
Main reason behind the perception delay
There are various features distinguishing the latest crisis from the previous ones (1994 and 2001 crises). The previous ones originated from Turkey, current one…
For those waiting at bus stops
An expression in the election campaign was quite impressive and was based on the distinction between 'those riding jeeps and those waiting at bus stops'. While I was…
We will spend; but for what?
80 percent of the production of the automotive sector is directed to exports. As it is considered that the tax cut has nothing to do with exported products, it is…
Tax cuts and devil’s attorney
For a long time, measures to recover sectors that go through hard times due to the crisis have been insistently demanded. Furthermore, it was argued that the government…
Low interest rate-high exchange rate: current account surplus
When there was no global crisis, the main focus of this column was how the economic problems of Turkey can be dealt with. The results of the studies and discussions…
Fourth economic package has good intentions, but…
On Friday, 'fourth economic package' was announced. Since it is the fourth package, there must have been three packages announced earlier. I do not want to be unfair at…
Burden of the measures on budget
In my previous commentary, I stated that if the current global situation continues and a new measure package is not announced, the economy will contract by 6.5 to 8.5…
Please do not read if you do not want to be upset
Now, it is time for the contraction figures for 2009. First, I would like to explain the method I followed. First, I formed a small and simple model that uses quarterly…