Fatih Özatay, PhD
Page 8 / 61
Caution for the next three years
The FED will evidently clear away the lump as soon as growth and employment figures reach desired levels. If people give up the conspiracy theories and try to understand…
Let’s see what the constitutional court will decide this time
The hearing will potentially be a top item on the financial markets’ radar in the coming days. In the fall 2012, all we talk about was a constitutional court. Not…
We should be aware of economic vulnerabilities
Tough days are to come. We should be aware of our vulnerabilities when taking our steps. The possible policy reversal by the Federal Reserve (FED) affected emerging…
Overpraising (2)
If the economy has vulnerabilities, you need to focus on and try to overcome these instead of praising the economic performance. That’s the responsible thing to do. For…
FED: Then and now (3)
Turkey has to make sure that this movement will not push unemployment up or GDP down. The way to do this is to prevent any loss of confidence in the economy. On June 1…
Overpraising
If the economy grows as expected by 4 percent in 2013, per capita growth rate will be 2.7 percent, lowering the average of the 2204-2013 decade. In my last commentary I…
The deepening of polarization and the economy
In the current era marked by critical steps in an effort to solve the decades-old Kurdish issue and put an end to the bloodshed, it is beyond comprehension how Turkey is…
The Gezi resistance and the great financial crisis: what’s in common?
During a long period of stability, major elements of instability might pile up slowly. Is there anything common between the underlying reasons for the global financial…
Who is this interest-rate-lobby?
I was just about to give up when I got a flash: instead of asking who would most benefit from high interest rate, I turned to the powers that push up Turkey’s riskiness.…
Possible economic consequences of the Gezi Park resistance (2)
Political risk perception concerning Turkey will increase; with ups and downs but always here with us. Last Thursday I tried to discuss the possible long-term…
Possible economic consequences of the Gezi Park resistance (1)
The Gezi resistance might help Turkey overcome the impediments to a mature democracy. What are the possible economic consequences for Turkey of the Gezi Park resistance…
FED: Then and now (2)
The expectation that the FED will aggressively increase interest rates before the anticipated timeframe dampened the risk appetite towards Turkey and countries alike.…