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Seventeenth biggest
Automotive sector market data for June was announced. Now it is time for intellectual monitoring. Tax cat was implemented for the automotive sector effective as of the…
Latest developments
On Friday capacity utilization rates for June were announced. The figure indicates a lower capacity utilization rate than the same period last year. However, it is…
Everyone learns his own lesson
Turkey is in a rapid transformation process. The point to be emphasized considering the change is: Changes does not happen under military discipline designing each step…
How does risk appetite rise in the world we know?
If Adam Smith made a short visit to the world; wouldn't he think that the prophecy the stated around two hundred years ago was coming true? Yes, he would. What was that…
We forget fast
Latest data confirmed that unlike the expectations things did not get back on track in the second quarter. In June exports have decreased by 32.8 percent as compared to…
Why are they more pessimistic now?
Is it because the wind now blows more rapidly? Or is it because suddenly clouds coated the sky? Is it because the news started to be worse? Or is it because analysts…
Adding fuel to the flames
For the last two articles I have been mentioning how being stuck with economic policies offered in the first chapters of economics textbooks direct Turkey to mistaken…
Scenario of spinning (2)
My basis economic scenario for 2010 and 2011 was the scenario of 'spinning'. On Thursday I briefly touched upon why it is most likely that the economy will spin: Level…
Can we focus on our work if we hold the elections right away?
We put our signature under another global "success" story. Turkey's economy has broken the world record of economic contraction in the first quarter of 2009. Contraction…
2010 and 2011: Scenario of spinning
National income figures for the first year of 2009, for which everyone expected a serious contraction, has been announced last Tuesday. Figures were as expected: economy…
Growth rates in 2009 and 2010
Growth rate for the first quarter of 2009 will be announced this Tuesday. The announcement will not involve anything new. Everyone knows that the figures to be announced…
Others’ crises, our crises
We have been spinning in terms of economic policy to a certain extent since 2006 but more prominently since 2007. For instance in 2007 public budget deficit started to…