Fatih Özatay, PhD
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Economic contraction in 2009: too unpleasant to write about
On Monday, I said that the question 'how much will the economy contract in 2009?' must be answered by the help of a technical model. In fact, I have the initial results…
How much will the economy contract in 2009? (2)
The title question can also be asked as "What will be the contraction in 2009 in comparison with 5.7 percent of contraction in 2001?" To give a satisfactory answer for…
How much will Turkey’s economy contract in 2009 (1)?
What will be the rate of economic contraction for Turkey in 2009? This question can certainly be answered by naming any figure. However, then, it is necessary to answer…
Hand in hand against the crisis
The economic program that has to be designed to tackle the crisis must involve many measures. A part of the measures are related to credit guarantee system which is…
A new recommendation to tackle the crisis (3)
I believe that the need for an integrated approach against the crisis is apparent. Despite this, however, the current administration has always done 'piecework' until…
A new recommendation to tackle the crisis (2)
In an environment where no one trusts another, credit channels are naturally obstructed. However, we have to make the credit channels work as soon as possible to slow…
A new recommendation to tackle the crisis
Both domestic and foreign credit channels came near to a halt. If the credit channels do not start working again, Turkish economy will contract significantly. I have…
Does the bullet always draw?
Characters in Wild West comics are charmed. In general, the bullets draw their body. Bullets are newer pointed at mortal points, even in the bar battles where guns are…
Fewer sins, more punishment
Yesterday, I started to give some indicators proving that the ones that committed fewer sins are more severely punished. There were two apparent examples for the…
Weird situations
The headline of the economy page in yesterday's Radikal daily was: "Contraction in Europe was far more than in the US that is responsible for the crisis". Under the…
Latest developments (without comments)
Lately, we observe an intense data flow. Today, I would like to assess this briefly. Not all of them, the ones pertaining to the channels transmitting the effects of the…
Garbage issue
I guess it was the first years of elementary school. Our teacher used to say: "If everyone wipes her garden, the streets will be as clean as a whistle." I do not know…