Archive

  • May 2020 (5)
  • April 2020 (3)
  • March 2020 (6)
  • February 2020 (3)
  • January 2020 (4)
  • December 2019 (2)
  • November 2019 (3)
  • October 2019 (3)
  • September 2019 (2)
  • August 2019 (3)
  • July 2019 (2)
  • June 2019 (4)

    The S-400s from a different point of view
    Nihat Ali Özcan, PhD 26 May 2019
    We are passing through a period that is both interesting and unpredictable. One of the developments that this opinion stems from is the incident of S-400 air missile defense systems that have been occupying Turkey’s agenda. We are witnessing the change of character of a problem that is on an “operative” level and concerns military security. In other words, the problem you decide to solve by purchasing high-level air defense missiles can rapidly and unexpectedly turn into problems of “perpetuity.” [More]
    Time to enhance the customs union: Analysis
    N. Murat Ersavcı 22 May 2019
    Everyone seems to agree that the time has come to expand the customs union between Turkey and the European Union. A quarter of a century has gone by since it was launched at the start of 1996. At the time it was considered as a step forward to the full political and economic integration of Turkey into the EU. [More]
    Yes, Turks feel the impact
    Güven Sak, PhD 21 May 2019
    “Is the guy on the street feeling it?” someone asked me this week. The “it” here refers to the economy of course. His intention, I gather, was to understand why the governing bloc failed in Istanbul, as well as Turkey’s other major cities. Is it the economy or ideology? I tend to think that economy was important, and it’s going to be more so from now on. [More]
    A change of political arena in Idlib
    Nihat Ali Özcan, PhD 16 May 2019
    During these days, when domestic policies are occupying the agenda, interesting developments are happening in the northwestern Syrian province of Idlib. Syrian leader Bashar al-Assad’s forces, backed by Russia, are continuing to push the frontiers of Idlib by downgrading armed groups. It is clear that this is not an exchange.  As a result we see that there will be humanitarian, military and political consequences. [More]
    All the reserves in the world will not suffice
    Güven Sak, PhD 12 May 2019
    Rulers have to live with their decisions. There is a point in Shakespeare’s famous play where Lady Macbeth is sleepwalking. She has recently plotted with her husband the murder of Duncan and Macduff’s family, and though this has given them power, she is now ridden with guilt, and maybe regret. [More]
    Why I am optimistic about Turkey
    Güven Sak, PhD 05 May 2019
    Turkey may look vulnerable to you. When President Erdoğan was elected back in June 2018, you could buy a dollar with 4.71 Lira. Now it costs around 5.97 Lira. This means that the Lira has depreciated by around 27 percent in less than a year against the dollar. Yet there are solid reasons to be optimistic about Turkey. [More]
    The EU’s hot air balloon and Turkey
    Güven Sak, PhD 21 April 2019
    When it comes to global politics, we all know that the European Union (EU) is in a sorry state. One of its three most powerful members is leaving, its inbred establishment is besieged, its Eastern edges are slipping into despotism. It lacks a cohesive foreign policy framework: 2016 Global Strategy to make the EU a global actor has yet to be implemented. Why? It’s as Seneca said “If one does not know to which port one is sailing, no wind is favorable.” Without political leadership, even the best of plans is useless. [More]
    Migrating from Turkey’s governing block
    Güven Sak, PhD 14 April 2019
    “Once is happenstance. Twice is coincidence. Three times is enemy action” writes Ian Fleming in Goldfinger. Since I am not James Bond, I’m inclined to replace “enemy action” with “pattern,” but it works just the same, and for me, the 2019 election in Turkey was that magical third time. Let me explain. [More]
    Next time it will be the economy
    Güven Sak, PhD 07 April 2019
    There are two types of countries in our region: countries where you know the results of an election before votes are counted, and those where you have to wait for the tally. Some may have had their doubts about where Turkey placed in that categorization, but last week’s vote clarified things. Democracy is still breathing in this country. Good for us. [More]
    Much ado about nothing
    Güven Sak, PhD 31 March 2019
    That’s how I see things in the financial markets this past week. Why? There’s nothing there about economic policy. It’s all about politics. Turkey is going to the polls this Sunday. In Shakespeare’s play of the same title, a great fuss (“much ado”) is made of something insignificant. There are unfounded claims of the hero’s infidelity and the unfounded claims that two characters are in love with each other. All about eavesdropping, hearsay, spying and critique of other people. The Turkish economy too, is a play about deception and self-deception. [More]