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Children of globalization are the new kids at Tahrir Square
This time the rebels are not dispossessed. It seems that the winds have changed. Yesterday they were carrying on protests and blowing whistles in a civilized way in…
For the CBT not to be questioned
The CBRT needs support in ensuring quantitative tightening. Otherwise the new policy framework will further be questioned. Last week two important indicators were…
Egypt and Tunisia: Two indicators
Based on my observations on the streets, Egypt and Tunisia appear as poor countries. I have no data on income distribution. Today I want to examine two macroeconomic…
One eats, the other watches: without fail, eventually a crisis erupts.
In this age during which what one person eats can be seen easily and immediately by the other, what the Left has been saying for decades is proved even more correct. The…
The Central Bank’s dilemma with a different perspective
After the latest decisions of the Central Bank of Turkey (CBT) mixed fund costs were calculated several times. These are not meaningful in regular countries.' Imagine a…
What else could the Central Bank do?
It is yet too early to talk about the other dimension of the issue; that is, whether the credit expansion has been halted. If the objective is to be met, the signals of…
How to make a pass?
The political authority must introduce measures discouraging short term capital inflows. What was the main problem of the currently implemented monetary policy? The…
Doing much, talking less
The skills China demonstrates in managing its growth process are impressive. On Thursday, the Year of Rabbit will begin in the Chinese horoscope. On the eve of a new…
Since there is no one to pass the ball at...
'Should the BRSA step in, the contradiction would be eased. To completely eradicate the contradiction, political authority must also get involved.' 'The…
The Central Bank’s actions might work in the adverse direction
'The BRSA must step in. Otherwise might appear the risk that the steps by the CB not only proves ineffective but also works in the adverse direction.' I am getting quite…
The Turkish Commercial Code would not have been passed without the alliance of Erdoğan, Kılıçdaroğlu and Bahçeli.
The Parliament has fulfilled its duty, now the administration is being watched closely. Turkey's agenda should be composed of unemployment and economic performance.…
What does the CBT do?
The CBT has not yet introduced required reserves for weekly borrowing from the CBT. The Central Bank of Turkey (CBT) employs inflation targeting regime to enable price…