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Taking advantage of the 2001 crisis (2)
'Tenth anniversary of the 2001 crisis' celebrations must not be exaggerated or used to disrepute the ruling government back then. It is evidently good the recall the…
Fasten your seatbelts, please
In the light of the Libya incident we must expect that not only will the current account deficit grow, but also that it will become more difficult to finance. "I believe…
Taking advantage of the 2001 crisis
The biggest mistake made was the failure to advance upon the banking sector the major weaknesses of which became to be understood much later. Which crisis was deeper?…
On tax revenues
We can achieve Ireland's tax revenue/GDP ratio for 2008, for instance. This corresponds to a 4.6 points of improvement in the ratio relative to the GDP. Having examined…
Gender imbalance brings macroeconomic imbalance
As studies reveal, the gender ratio imbalance in China plays an important role in shaping the macroeconomic imbalances in the country. I think this was world imbalance…
Per capita incomes revisited
Over the last three decades Turkey did not make as much progress as Korea and Ireland in terms of per capita income by purchasing power parity. I am keeping the promise…
Why are we the only ones who witness such developments?
Egypt was the eighth best performing country among the 135 countries. Turkey is the twenty-fifth. Which countries have demonstrated the best performance with respect to…
Different income comparisons
'Corrected' income figures calculated on the basis of the prices of goods and services and of the methods also differentiate. Comparison of per capita income across…
Egypt and Tunisia: Some other indicators
It is not possible to explain the recent movements in Tunisia and Egypt referring only to economic indicators. I want to address some other indicators on Egypt and…
Egypt will be a role model for Turkey
We are on the bottom rung yet. I believe that the developments in Egypt will affect Turkey, too. Unprecedented movements have been observed in both Tunisia and Egypt.…
Were interest rate decisions made by a single official?
The claim that the interest rate decisions are made by a single official probably stems from the fact that in the implicit inflation targeting period the decision was…