We are witnessing multi-faceted changes triggered by the Arab Spring. Changing balances and weakening state structures create risks for some and...

The current public debt/GDP ratio in Italy is too high, at 120 percent. The main reason why the interest rate is high is the high level of public...

It is quite difficult for Turkey to improve per capita income to the level of developed countries with the current savings rate. I started to write...

Tahrir 2.0 has shown the control system is effective. Now Egyptians have to devise a way to transfer this function to the ballot box. You...

Turkey’s trade deficit heals during crises, but this is not exactly pleasing as the underlying reason of this improvement is the contraction of the...

Fitch Ratings cut Turkey’s outlook from positive to stable which means that Turkey no longer as attractive for investment in the short term despite...

  Despite all those exciting explanations and images, I am not hopeful – in the medium term – about the prognosis for the Arab Spring. I have four...

Turkey’s production is highly dependent on the import of intermediate goods and investments are highly dependent on the import of investment goods....

The conclusion that Turkey needs a new economic program can be reached easily from many different perspectives. Unemployment rate which escalated...