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This time it is even more dangerous than you think
To succeed, the measures introduced by the two must be reinforced by policies to improve public savings. We have always loved danger. Just take a look at the history of…
Dwarf stars
Growth performance since 1950 was inadequate to close the income gap between developed countries and Turkey. The last general elections were in 2007. On the eve of next…
Interest rate decision was necessary but not sufficient
The measures introduced by the Central Bank are not sufficient. It appears that the decisions announced by the Central Bank of Turkey (CBT) will be highly debated. On…
Turkey should not become like Iraq as it increases exports to Iraq
Turkey needs a process of comprehensive structural reforms in order to maintain competitiveness in European markets. Demand sets supply. The quality of import demand…
New era in monetary policy
Which option should Turkey pursue to overcome the trouble caused by developed countries? The latest Financial Stability Report (FCR) by the Central Bank of Turkey (CBT)…
I advise you to invest in the Turkish Lira
Erdem Başçı talks about the comprehensive change in the monetary policy in line with the new normal. Recently I chatted with a Venezuelan friend who is a resident in the…
If you obstinate with the market, you will become a plaything
European leaders' inability to make decisions until the last minute gets reactions. Take a look the conditions facing the European Central Bank. It has to purchase the…
Growth performance is pleasing, but then what?
Then, locomotive of growth can only be domestic demand. On Friday we heard the growth figures for the third quarter of the year. Both the industrial production figures…
“It is not that we had Oxford in Sanliurfa but I preferred not to study there!”
Hüseyin Çelik, during his term as the Minister of Education, once said, "Wait for the next PISA results." I did: Nothing seems to have changed. The opportunities enjoyed…
This time I will not accuse Turkey’s government of incapacity.
The solution of the problem lies at the hands of the core countries of the European Union. Banks of those countries have to be recapitalized. They previously tortured…
Growth disrupts estimates
Data revealed that in October industrial production regained the pre-crisis level. This is the week of two important indicators: industrial production index for October…