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How shiny is Turkey’s economy?
If the below table is considered an indicator of how Turkish economy shines like a star, I am really concerned about the future; because if so we are toast! I am sure…
If you don’t have a car, you can’t ride a bike in Turkey
While Turkey has yet to deal with the issues brought by the industrial revolution, the questions raised by the ICT response are already waiting to be answered. The…
It is not necessarily trivial
Given the current environment, discussing this detail might seem trivial; yet it is important to consider tiny details when forecasting economic prospects. Industrial…
Enriching the monetary policy framework?
Enriching the framework does not mean – I hope my former colleagues at the Central Bank won’t be offended – making a mess of it. For now, let’s put aside the…
Even sharks in Australia are on Twitter
We have recently realized with the Edward Snowden case that security organizations have been using a gigantic set of data about our lives without any restriction. I…
Turkey needs a fiscal rule
Tapering has revealed the vulnerability of the Turkish economy. What is Turkey’s problem? The current account deficit is going to be too high, the growth rate is going…
It has become even more tangled
With saving instruments such as deposits and bonds having no real return, consumption was encouraged. Rumor has it that 100 truthful economists, each from a different…
Shopping malls are now the world’s biggest buildings
I started with shopping malls and digressed to corruption and the parallel state. I feel that I should not go any further. The biggest building in the world is a…
Confessions (2)
Net inflows to Turkey, which averaged a monthly $10 billion in the first four months of the year, declined to one fifth in the following five months About a month and a…
If the cities are not child-friendly, shopping malls will proliferate
Let me tell you how: be creative and focus on the right measures. Change urbanization policies. “In the heart of Ankara, in Kızılay, stores on busy streets are not worth…
Why do the Turks have a fascination with the State?
Looking for a difference in attitude between the Turks and the Europeans? Let me tell you one. Turks do not trust each other but have a deep-seated trust towards the…
Why would a Harvard graduate open a kebab house?
hat is this about, the quality of the education at Harvard or the investment climate in Turkey? I vote for the second. I have been thinking about this for a long time.…