Blog
Page 159 / 164
We will spend; but for what?
80 percent of the production of the automotive sector is directed to exports. As it is considered that the tax cut has nothing to do with exported products, it is…
Did you see the logo of Recovery Program?
Sometimes, how do you do something might be as important as that thing itself. The campaign in the US to tackle the crisis, which also involves the struggle against the…
Tax cuts and devil’s attorney
For a long time, measures to recover sectors that go through hard times due to the crisis have been insistently demanded. Furthermore, it was argued that the government…
“Man, is the crisis ending?”
No, it is not. What makes you think so? It is not even close. That the Turkish government has finally started to move in the right direction is not enough. There are…
Turkish government is finally moving in the right direction
Finally, news stating that a set of steps considering the troubled sectors will be taken has been spreading around. In fact, we do not know what is going on exactly…
Low interest rate-high exchange rate: current account surplus
When there was no global crisis, the main focus of this column was how the economic problems of Turkey can be dealt with. The results of the studies and discussions…
Fourth economic package has good intentions, but…
On Friday, 'fourth economic package' was announced. Since it is the fourth package, there must have been three packages announced earlier. I do not want to be unfair at…
This is not just an economic crisis
Are you aware that the current global disaster is not just an economic crisis in the sense we have been used to during the last three decades? Decision-makers, including…
Burden of the measures on budget
In my previous commentary, I stated that if the current global situation continues and a new measure package is not announced, the economy will contract by 6.5 to 8.5…
“I am currently feeling what the figures will tell you two months from now”
A few days ago, a businessman while explaining senior bureaucrats the problems companies in his city face said "I am currently feeling what the figures will tell you two…
Please do not read if you do not want to be upset
Now, it is time for the contraction figures for 2009. First, I would like to explain the method I followed. First, I formed a small and simple model that uses quarterly…
Economic contraction in 2009: too unpleasant to write about
On Monday, I said that the question 'how much will the economy contract in 2009?' must be answered by the help of a technical model. In fact, I have the initial results…