Archive

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  • March 2021 (5)

    A different kind of recession
    Güven Sak, PhD 12 April 2020
    COVID-19 is now stopping economic activity all over the planet. It is not the infectious disease itself that causes this effect, but the social distancing measures we have taken to buy us time. This is “the worst economic fallout since the Great Depression,” said Kristalina Georgieva, the Bulgarian economist who is now the head of the International Monetary Fund (IMF). We are used to have sudden stops in economic activity before in our part of the world, but this one is totally different. [More]
    Do you believe in COVID-19’s transformative power?
    Güven Sak, PhD 05 April 2020
    It seems like a deep thing to say: Nothing is ever going to be the same again. The times they are-a changin’. I don’t like it. Are we talking good change or bad change? And aren’t things changing all the time anyways? Sometimes we notice, sometimes we don’t, and it seldom has to do with the suffering people go through. [More]
    The price of a leaderless world
    Güven Sak, PhD 31 March 2020
    In times of great crisis, there are always those trying to leverage suffering for personal gain. It is the job of government to try to prevent that from happening as much as possible. In the 1918 flu epidemic, the United States put an 80 percent tax on all profits above 8 percent to prevent war profiteering. [More]
    Lessons from Turkey’s refugee crisis for dealing with COVID-19
    Güven Sak, PhD 22 March 2020
    Any economy, be it rice farming or high finance, relies on people working together. The COVID-19 pandemic has put an abrupt stop to this. Countries around the world are now rolling out economic measures to protect jobs and economic activity until we find a way to start back up again. [More]
    Gallipoli Spirit
    N. Murat Ersavcı 20 March 2020
    As a Turk, every time I visit Gallipoli and the Straits of the Dardanelles, I am reminded of the way in which history touches our lives. Gallipoli touches my own in several ways. Both my wife and I are among those who lost members of their families. [More]
    Just how bad is COVID-19 for Turkey's economy?
    Güven Sak, PhD 15 March 2020
    Last week, the only thing Turks were talking about was Idlib. The coronavirus, dubbed COVID-19, was an exotic news story from distant lands. Since the outbreak has been classified as a pandemic and taken over the global news cycle, our object of existential anxiety has shifted overnight. Turkey has proven itself ready so far, with only two documented cases of the virus and no deaths. Still, the virus has entered the country, and its spread is inevitable. [More]
    Unpleasant refugee arithmetic with the EU
    Güven Sak, PhD 08 March 2020
    The issue of forced migration and internally displaced persons (IDPs) is perhaps the most defining problem of our age, and the civil war in Syria is its most typical case. It is very difficult to deal with because it is a regional problem that can only be addressed through global cooperation. Yet our European partners so often seem to be forgetting this simple truth, and try to wish away the refugee crisis at their door. [More]
    EU without Turkey
    N. Murat Ersavcı 06 March 2020
    Without Turkey, Europe just doesn't look right and in the long run it probably won't work. The idea of Turkey as an active player in the life of Europe is a relatively new one for people in Europe. Because Turkey industrialised much later than most of the countries on the north side of the Mediterranean, it was for many years just a bystander. [More]
    Why Brexit is an Opportunity for Turkey
    Güven Sak, PhD 16 February 2020
    Brexit, as Prime Minister Boris Johnson likes to say, is done. The British have about a year to negotiate the deal that will determine their future relationship with the EU. The form Brexit takes will have significant repercussions for third parties, Turkey being only one of the many. I believe that Brexit to be rather fortunate for Turkey. Let me explain what I mean by that. [More]
    Europe’s geopolitical power and Turkey
    Güven Sak, PhD 09 February 2020
    Someone asked an awkward question the other day: “What does a geopolitical commission mean for Turkey?” He was talking about the new EU Commission President Ursula von der Leyen’s plan to boost Europe’s geopolitical weight. Her priorities briefing says that “such a Commission will have a political agenda in which reinforcing the EU’s role as a relevant international actor, and trying to shape a better global order through reinforcing multilateralism, is to become a key priority [‘A stronger Europe in the world’].” I think this would be good for Turkey, but awkward. [More]