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The first string to the pitch, substitutes to the bench
The infantry rifle the CBT fired hoping for the impossible might backfire, harming its own reputation. The number of players on the pitch must be increased as soon as…

Why do global chains skip Turkey?
We should not expect an improvement in Turkish-American trade unless Turkey receives investments from the US. The global crisis did not skip Turkey; it made a hole in it…

Circumstances for the Central Bank becomes harder
Why did the CBT reduce policy rate given the scope of uncertainties, the rise in the current account deficit? In the first phase of the implementation of the new policy…

Some observations on the academic life
I am not a specialist in education. I did not conduct any studies on university education, either. I am planning to refer to my experience in these activities. A couple…

Unbelievable!
The challenge facing bookstores was not a new one, but I believe another nail in the coffin was struck by the iPad, the last invention of Apple. "Washington resembles…

That reputation was not earned easily
Please do not refer to senseless indicators in the CBT reports to convince people that the pace of the credit expansion is not that high. Famous and recently deceased…

Europe is a matter of existence for Turkey
The extended crisis on the continent will structuralize Turkey's problem. Are you aware? A group of countries becomes distinguished from others when you examine the…

Sometimes it is useful not to forget
An academic study concluded that many banks did not learn from the 1998 crisis and that the risk culture did not change. A web site I mentioned a couple of times…

An example of micro reforms
You can change the written rules overnight; however, it takes a long time to change behavior codes. In last Saturday's commentary, I told that this week I would focus on…

What does the public offering of Yandex has for Turkey?
Yandex's cofounder, Arkady Voloj, paved the way in Russia for earning wealth without relying on the state. The day before was a good day for Voloj, one of the cofounders…

Why should we worry?
We are going through an interesting period, indeed. Such a picture is open to all sorts of developments. The foresighted would take all measures at his/her disposal.…

Going off halfcocked?
Measures to limit short term capital inflows can work; but the administration categorically rejects that sort of measures. As of March 2011, current account deficit over…