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So, how must we asses this exchange rate issue?
Things were not like this before. When domestic tension on political issues increased, exchange rate used to go out of control. It is different not. While the…
“Beware the middle income trap!”
Do you look up at the sky once in a while? If you do not, please start doing. Particularly in Ankara and Istanbul, you first notice huge airplanes on scheduled flights.…
Significant deviations in inflation targeting
Turkey's experience with the inflation targeting regime initiated in January 2006 goes as follows: First, there is a significant difference between realizations and…
Why Turkey’s exports are still in the pit?
Please take a look at the figure below? It shows the movements in world trade and Turkey's total exports. What the figure reveals is clear: In terms of exports, the…
Are you happy with the TURKSTAT?
One who wants to conduct a research on Turkey must definitely be aware of TURKSTAT (Turkish Statistical Institute). If you need data, that is the databank. The TURKSTAT…
Investments recover reluctantly
We all know that investments contract significantly in crisis periods. Consumption decreases less then investments do. The reason is obvious: a large proportion of…
Single tool, three goals
It can be argued that the stability program supported with the structural reforms initiated right after the 2001 crisis outdated around 2007, though it is hard to…
Can a country without an immigration policy be a regional power?
Recently, the Chairman of the Higher Education Council (HEC) said: "We have established many new universities; so we are in need of instructors. Now we are looking ways…
One stone, many birds
With a couple of commentaries I opened to discussion what can be done in the context of the monetary policy against the appreciation of the lira. A number of are…
What happens to agricultural employment?
I really do not know much about the agricultural sector and I do not generally assess data on the agricultural sector. Nonetheless, today I want to write some comments…
Important developments of the week
Considering the important events of the last week for the economy, two issues come to fore though not much exciting: The postponement of the negotiations in the National…
Finally, Turkey enjoys net foreign fund inflows
Today is again the day to comment on the recently announced data. A couple of days ago balance of payments data for May was announced. As we have been underlining, the…