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The TSK and the PKK fight - 1
One of the most important factors affecting civil-military relations in Turkey has been the ongoing fight against the outlawed Kurdistan Workers’ Party (PKK) for the…
Having multiple purposes
A month ago, the CBT was talking about the possibility of an expansionary monetary policy. However, a step on the opposite direction was taken. Tuesday morning I spoke…
Does the CBT cause noise pollution?
Evaluate the new multi-purpose-multi-tool monetary policy framework of the CBT: is it successful in shaping prospective expectations? I will get at the Central Bank of…
Which language will the Central Bank speak?
I hope that the CBT stops playing in the sand and eliminates the second source of uncertainty today. Our opinion about the situation in Turkey has been changing. Lately…
A twist of fate
It must be a twist of fate that the mentioned method of finance “we” never want to face with again is cited as the savior of Europe. This year’s Nobel Prize in Economics…
The young people are here; where are the workers?
Polls reveal that 86% of American workers agree with the protestors. “And, my friends, in this story you have a history of this entire movement. First, they ignore you.…
Some observations on the MTP-2
Unless economic units address and evaluate these details, the MTP might turn into a poem of desires that reads “productivity will increase, and Turkey will grow…
Some observations on the MTP
The five-year average to be witnessed by 2014 will be a historic record for the Turkish economy. Last Thursday 2012-2014 Medium Term Program (MTP) was announced. The…
We cannot manufacture domestic automobiles with this judicial system.
A country cannot make high value-added production if conflicts about intellectual property rights cannot be solved easily in the judicial system. Lately, the world has…
Egypt needs its Özal
There is disillusionment with the pace of change in Egypt. Take the 1958 emergency law, which former president Hosni Mubarak limited to the regulation of narcotics and…
I missed the red signal of my BB
My BlackBerry (BB) has not been working for the last couple of days. There has been a service failure for BBs throughout the world. I cannot read my e-mails and messages…
Two points about balance of payments
The development in August might turn into a trend as long as Merkel and Sarkozy manage to “skillfully” continue to swing the lead. I have not been talking about balance…