Central banks can implement an inflation targeting regime that also safeguards financial stability using old policy tools and the old policy...

It seems 2012 will be a year dominated by political debates and lingering economic reforms; one we will look forward to having finished. Am I...

Turkey is a country of policy failures, making the country a useful case study for our neighbors these days. Turkey is lagging behind? Sounds...

Countries that have a low public debt ratio have a larger room to react against economic contraction. The Medium Term Program, the OECD and the...

The courts do not function effectively. This is why Turkey fails to achieve innovation-driven growth. It created a great uproar during the 2001...

  You might know the famous metaphor Mao used for clarifying the relationship between guerillas and people. The metaphor is based on the...

In a country like China which has such a low household consumption rate, who is supposed to buy the goods and services to be produced with the huge...

Turkey has to “be realistic and demand the impossible” for a new constitution. This is the only way it can become the tenth largest economy of the...

Why do the North Korean people fail to overthrow the dictatorship which has been confining them to death of starvation for decades? On the North...