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Measures against low exchange rate
The last two commentaries of 2009 were an introduction to what measures can be taken against the appreciation of Turkish lira. The first commentary asked what we would…

The New Year
First commentary of the new year... You have to create a new folder under the 'documents' folder and name it. It is easy when you say: 'Radikal2010'. I have a separate…

Fiscal policy can go beyond arrogance
The foreseeability of fiscal policy is a top priority issue for 2010. It is probable that the consequences of the wrong decisions of yesterday will be felt in 2010. The…

New economic story and low exchange rate
I will continue from where I stopped on Monday. The question was: if Turkey gets an 'economic story' and as a result if the lira tends to appreciate, can we increase…

Control on capital movements
The question is what will we do if Turkey manages to create a new success story and thus the Turkish Lira tends to appreciate? In fact, let alone the creation of a new…

Again on the earthquake of the economic theory
Mainstream economic theory is under crossfire. It is not possible to analyze the crisis using the existing models: those models do not include the financial system,…

What does a public institution has to do in the list of most popular websites?
As per 2008, 26.5 million people in Turkey use the Internet. The number was 2.5 million people in 2000. Number of internet users rose by 40 percent in 2008 compared to…

2010 will be the year where the resistance of firms will be tested
The question of today is how 2010 will be. Let us start without wasting time: 2010 will be the year where the resistance of banks and non-bank corporate sector will be…

Can we save 2011?
Thinking on the potential growth rate of economy in 2011 makes me pessimistic to a certain extent for two reasons. First, general elections will be held in 2011 if not…

If designing the future is ignored while facing the past, we cannot see any recovery
Yesterday gave at the caption "Young entrepreneurs are uneasy." Union of Chambers and Commodity Exchanges of Turkey (TOBB) launched the largest young entrepreneur…

Economic theory is shaken
The global crisis has innumerable adverse outcomes. One among these is that the settled economic theory was shaken harshly. Economists now even more frequently discuss…

Why is medium term inflation target high?
On December 10, Central Bank announced the monetary and exchange rate policy for 2010. Along with this, we also learned the inflation target for the following three…