In 1999, the generals fully supported the government in making Turkey's ambition for EU membership a "state policy". They demonstrated their...

  In countries like Turkey, the officials of central banks had better not comment on exchange rate or imply a certain level. In countries like...

The Turkish university system lacks the institutional infrastructure to transform research into technology. Turkey now has a Ministry of Science,...

  Hope is the poor man's bread, but it will be wise to draw lessons for Turkey's fiscal policy. The impact of the global financial crisis on...

  So that is the question nowadays, especially after Central Bank Gov. Erdem Başçı's remarks about foreign exchange short positions. It was the...

  The rationale of the decisions of the CBT could not be understood. Therefore, one fails to estimate in which direction which tool will be employed...

  Orphanages are to be handed over to the Special Provincial Administrations. This brings to mind the localization of the Directorates of Rural...

  The crisis thought the CBT that ensuring price stability alone could not be the only objective of the central bank and that the scope of the...

  Last week's generals' resignations received wide coverage both by media and on the agenda of the political elite. So much attention could be...

If you face difficulty in deciphering the meaning behind the actions of the Central Bank, then the Central Bank is not doing its job properly....