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Favorable indicators
Today is Mother's Day; we would rather touch upon some favorable indicators after all of those pessimistic commentaries. Let us see what favorable development I can…
We continue to not like economists
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Medium run perspective of Turkey is the EU
What did we underline a while ago? We underlined that the crisis periods are the periods of "saving the day". Crises periods were not time for heroic actions for those…
Behavioral differences among banks
As stated before, global crisis affected Turkish economy through four different channels. One of these channels showed impact in form of tightening of credits extended…
IMF now stands by the poor
Global financial crisis is opening out the door of a process of transformation. Those that fail to acknowledge the transformation cannot manage it. What was the motto?…
It is easy for China; but what about Turkey?
Global crisis revealed that most of developing countries must review their growth models. Take for instance the economies highly export-driven. If a crisis is not only…
We will be affected more in the medium term
If you take a look at the online commentaries on the global crisis, two points grab your attention. First refers to the opinions emphasizing that first signs of recovery…
No one likes economists
Trends in the United States of America (USA) indicate that people hate bankers the most. In the list of the most hated, corporate managers, executive board managers and…
How can export expectations get better while our share in the European Union market shrinks?
As you might remember, last Tuesday, we started asking "What is the problem in expectations surveys?" There observed something strange. Rate of those whose expectation…
Export performance problems might continue in 2010
This is the last day of April. In other words, one-thirds of the year has passed. Yet, no worthwhile economic program to limit the contractionary impact of the global…
How can you expect an increase in export orders given that German economy is contracting?
It appears that there is a problem. Don't you think so? Recently, 2009 growth expectations are revised downward for each of our export markets. However, business…
Harms of globalization (2)
Title of the column is 'harms of globalization' for the last two days. However, I believe that the benefits of globalization are more than its harms. Gradual increase of…