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Turkey’s Great Normalization
There are two kinds of countries in the world. Ones where the election results are revealed after the ballots are counted and ones where results are known long before…
Turks vote for no confidence every day
It is sad to see the deterioration of Turkey’s investment environment. I hear more and more that in order to do business in Turkey, you need to hire fewer lawyers and…
Turkey and the limits of urbanization
We in Turkey compare ourselves to Europe. It is too often a heartbreaking exercise, which is why our persistence in the practice is so telling. I think deep down in our…
Why do Turks invest so much in construction?
Since the 1980s, Turkey has transformed itself from a sleepy agricultural economy to a mid-tech industrial economy. Impressive? Yes. But it stopped there. Just have a…
Public Security a la Turca
Emrullah Efendi, an Ottoman scholar on education, became the Minister of Education in 1910. He was elected to the Ottoman Parliament in 1909, from Kırklareli province in…
Cracking the wall of forgetfulness
Pax Ottomanica was based on the might of the Ottoman army. For most of the time during Empire’s rule, the tribes in eastern Anatolia, or Arab sheiks of the southern…
Why the G20 had an asymmetric impact on the Bretton Woods twins
April is the best time to see Washington DC. The cherry blossom herald the spring, and the weather is perfect for strolls along the Potomac river. Wait a few weeks, and…
What do journalists do when they can’t write about the news?
Oscar Wilde is quoted as saying that “the one duty we owe to history is to rewrite it.” For some reason, recently Turkish journalists have been taking that duty on…
Turkey is not included in the Middle East tour of the Chinese President
Chinese President Xi Jingping will go on a Middle East tour in April. This will be the first visit of Xi Jingping to our region. Which countries does this first visit…
Is a presidential system mandatory to improve the efficacy of the administration?
History seems to have paced up in Turkey these days. Not one, but multiple incidents happen in the country every day. The truth is, I feel somewhat dizzy. Before we can…
We need a new story on incentives
The growth rate for 2014 was announced the other day. The Turkish economy grew by 2.9% in 2014. There is no point in dreaming: The annual growth rate of our economy in…
Show trials are bad for the investment climate
Looking for an area to really impact the G-20? Look no further than the IMF. The Multilateral Assessment Process (MAP) framework among the G-20 countries is definitely…