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The preceding week was quite critical for Greece. The decision European Union will make in the Euro-zone country leaders meeting last week was of...

Incentives have a critical importance in economic theory: they determine individuals' behaviors. For instance level of development of an economy...

Everyone has their own problems. If you hear the parties in struggle, they have fantastic claims and they think they are right. They are telling...

After the deep crisis in 1997, unemployment rate in South Korea jumped from 2.5 percent in 1996 to 7 percent in 1998. With the policies...

Did our focus shift from the crisis toward the budget recovery? Did the crisis management measures have lost place on the agenda and the time to...

Good news was heard from the Standard and Poors who increased Turkey's credit grade. Turkey's performance is quite pleasing given that some EU...

This is the one inevitable discussion for Turkey. There exists a common belief that Turkey has high rate of informality. This belief is common...

This is the exact question of today. This is where the key to turn the 2008 global crisis into an opportunity lies. There are more than a hundred...

For a while I am trying to call attention to the dual structure of the recovery process. At first glance it appears that positive growth it...

We know that politicians can pursue practices that distort economic stability in order to stay on power. There are a number of institutional and...