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Rate of contraction decreased
In June fall in industrial production has lost pace and realized at 9.7 percent making us happy. Industrial production has been falling since 2008 August; of course…
Being not ready for rainy days
September 12 coup led to a severe destruction in universities. Among the most destructed was Ankara University Faculty of Political Sciences (Mulkiye). Yilmaz Akyuz, a…
Concepts are not the same anymore
Last week we started to emphasize that in the going period of economic depression, the meaning of concepts is not the same anymore. In the past, we lived in a world we…
Is the fall in interest rates a good sign?
In my last article, I argued that the reason behind appreciation trend of Turkish lira or the downward trend in interest rates is the absence of a solid economic policy…
What brings Erdogan, Putin and Berlusconi together?
Putin who until today responded to those saying 'Nabucco' as 'With what they are planning to fill it?' or 'what the hell is that?' has talked about Ankara as an…
Single digit GDS interest rate is not a good sign
Write down the fourth of August. On the fourth of August, indicative GDS (government debt securities) was traded at 9.92 in secondary market. GDS interest rate fell to a…
Drops in interest and exchange rates: What do they indicate?
We also saw this after the 2001 crisis. Exchange rate that started to rise continuously after the crisis began to fall down with the last months of the year. With the…
How does the fall in import demand lead to the appreciation of Turkish lira
These are weird days. These are the days where there is a high possibility that it is not logical to say what comes to your mind first. These are the days where the…
Informal economy and unemployment
Yesterday I mentioned how fighting with informal economy becomes more unavoidable for Turkey day by day. And obviously, the way to start the fight is launching a tax…
Starting with the informal economy?
Economic policies to increase domestic savings rate are discussed increasingly in the recent period. Korkmaz İlkorur, who frequently emphasizes that Turkey has to go…
Valuable Turkish Lira pushes up unemployment further
We started the week saying "Cause of valuable Turkish Lira is the rise in unemployment". Today, let us proceed saying "Valuable Turkish lira pushes up unemployment…
Waste of time
In the last two articles I started to seek rough answers for the question how sustainable growth rate can be raised after the end of sharp contractionary period we are…