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No hi-tech on the horizon without revising this administrative infrastructure
Catastrophe after catastrophe shook the country on March 31, 2015. On the one hand, a blackout left the entire country without electricity. On the other, one of our…
Turkey has changed, the constitutional architecture remained unchanged
Turkey had better start thinking about a new constitutional architecture not only to boost its per capita income from $10k to $25k, but also to save the precarious…
No hi-tech without foreign investment
Turkey carried out fundamental policy reforms in the 1980s. First we abolished gasoline subsidies. Then we opened our economy to the outside world. We exported $3bn…
Can you imagine James Taggart guiding the economic policy of a country?
Last week I asked , “Can a country be run like a company?” and stressed in particular that the issue raised by Mr. Erdoğan is in fact a very interesting debate from an…
Turkey doesn’t get the issue of climate change
Are you aware that Turkey is an extremely inward-looking country? We do not follow what goes on in the world at all. We don’t pay much heed to the world. We don’t know…
First we have to stop dreaming of conquest during this defeat
Have I pointed out before that this Twitter is a great communication medium? Well, let me say that again. A while ago , I asked why company managers think they are doing…
Imagine what Turks went through during WWI
On March 18, 1915, British and French naval forces launched a campaign on Turkish positions in the Dardanelles. They failed. The date has been ingrained in my head since…
Can you manage a country like you manage a company?
Can you manage a country like you manage a company? The issue raised by Mr. Erdoğan recently is in my opinion a very interesting framework for debate and one that is not…
The British are doing what the Turks should have done
The highlight of the last week came from beyond the ocean. The headline of the Financial Times last Friday was “US attacks UK’s ‘constant accommodation’ with China.”…
Why do Turks overestimate themselves?
They do! That, at least, is what a recent survey says. According to the OECD, only 3% of people in Turkey say that they are underqualified for their current jobs. The…
Why are the Turks obsessed with the interest rate?
We have been here before. It has been more than a decade and a half since our country’s politics steered our economy into the ditch. We must not have learned our lesson.…
If you pay peanuts, you get monkeys
Turkey has lost the chance of success by doing everything exactly the way it has done so far. Staying the same used to be a possibility, but not anymore. That’s why…