Blog
Page 146 / 164
Venezuelan Central Bank will purchase GDS; what about the CBRT?
Venezuelan National Assembly amended the Central Bank of Venezuela (BCV) Law this week. According to this, BCV can now purchase government debt securities (GDSs). News…
That fund problem
You have read several times at this column that Turkey's response to the crisis is 'too late, insufficient and partially at the wrong direction'. I tried to touch upon…
Important problem of central banks
For a while, I have been touching upon an issue that is big of a problem for the implementation of monetary policy. The fundamental question was: Should monetary policy…
Repercussions of the crisis
September 2008, with the bankruptcy of Lehman Brothers, is accepted as the date of the emergence of the crisis. Today, I would like to analyze the development of the…
What pace drives us to disaster?
I will continue with the issue I started to discuss on Monday. Today's question is: Why does rapid credit expansion has the potential to pose the risk of a significant…
Rapid credit expansion and bubbles
The following lines are quoted from Central Bank's announcement from 2004 titled 'August Inflation, Outlook and CBRT Interest Rates: "It should be kept in mind that what…
Rents cannot be indexed to PPI
I enumerated a lot of topics to handle, but unfortunately I cannot begin dealing with them today. The reason is the will 'to be useful' for the country. The Parliament…
Period of critical figures
There is a lot to deal with; for instance I would like to touch upon how inflation targeting regimes might change from now on. I have things to say in particular on the…
Credit market risks
Today let us deal with the credit market and discuss whether or not a risk is growing for the near future. Credit channel was one that the effects of the crisis were…
Developments in production and exports
We have talked about 'developed countries and others', or 'different economy policies against the crisis', and now it are time to talk about Turkey. Today, I would like…
Timid reaction of 'us': Why?
I will continue with the 'Us and them' series. Main subject of the series was the difference between country groups in terms of the policies they implemented to tackle…
Us and them
For a while, I have being touching upon the policies different country groups implement to tackle economic contraction and rising unemployment. Two main phenomena…