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Whither Turkey?
Turkey is still a country in flux. Its economic transition started in the early 1980s with price liberalization. That was later coupled with the EU Customs Union…

For a child, Ankara is the same as Baghdad
You will be shocked when you see that what we call a city is actually a big mess. And please share your observations with me. The other day I saw map of Baghdad.…

Wikileaks a la Turca
Turks have a new pastime. They are addicted to listening to and commenting on the wiretappings of their leaders. They are all about illicit deals and activities of the…

The figures are clear enough (3)
This artificial and overstated growth performance is frequently quoted for political propaganda. Today I would make a comparison with Turkey and a group of selected…

The figures are clear enough
Inflation is on the rise. Annual CPI was at 7.8 percent in January and increased to 7.9 percent in February. Inflation figures for February validate the expectation that…

If you don’t take care of your neighborhood, who will?
In Turkey, the Prime Minister is the one and only person responsible for each and every decision. The current assessment system confines Turkey to a lame mediocrity.…

Turkish Cypriots are like Palestinians
I was at a meeting on the Dead Sea, Jordan this week. The meeting was between the Palestinians, Israelis, Turks, Jordanians, Egyptians and the Americans looking for…

Why has the TAI failed to do what the KAI has done?
Turkey could have been selling its Freebirds already if it had the determination and patience in regards to R&D. Turkish Aerospace Industries (TAI) was established in…

"We have blown up 28 missiles to understand why"
The administrators do not have the patience for promoting any given R&D project since they approach it the way they approach construction projects. The Custom’s Union…

‘Where is that bridge-guy? Come quickly, quickly!’
Those words were uttered during the ceremony to lay the foundations of the third bridge over the Bosphorus. It was only May 29 of last year, but it feels like a very…

The timing of the FED is significant
If the FED was to take its decisions in 2010, the world would have started discussing how fragile the Turkish economy was immediately back then. Did anyone of us fear in…

Statistics speak louder than words
Turkey performs poorly also in terms of GDP growth; ranking eleventh in growth and first in volatility. It is clear that long-term trends augur bad for Turkey. The…