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How to picture doing business in Turkey?
Let me help you. I came across this photo on the internet the other day. Have a look at it, if you would like to get an idea about the business environment in Turkey. It…
Are we going on the Karatay Diet?
The MTP does not foresee an improvement in public savings. If public savings are constant while revenues increase, then the plan is to increase expenditures as well. Two…
Brain drain after the highway passing through METU
Turkey needs bright people who will conduct seminal research, come up with innovations and hence pave the way for new businesses. Can Turkey reverse the brain drain?…
The significance of being insignificant
The recent market relief is because the FED is not expected to change its monetary policy at least up until December. The Central Bank Monetary Policy Committee (CB-MPC)…
How many people can fly a remotely piloted aircraft?
1300 RPA pilots were employed in the US Army as of 2013, making up 8.5 percent of the total. I believe that Turkey is not aware of the change, though the change is…
The disparity of perceptions on Turkey
Sometimes who you are and how others perceive you are two completely different things. The GE Innovation Scoreboard on the perceptions of policy environments towards…
A joint Nobel Prize for opposing views
Fama did not renew his subscription to the Economist because they made a large coverage on financial market bubbles after the global crisis. The Nobel Prize 2013 in…
Has Turkey struck oil or something?
What I think Turkey needs is to focus on the task rather than to talk. About a month ago in Yalta, Turkey’s minister of European Union affairs, talking on Turkey’s EU…
The sense of hollowness must be overcome
There is an acute need to redesign the MTP texts from scratch. They do not duly reflect the bundle of research and studies carried out by the Ministry of Development.…
The Turkish state is Internet illiterate
The Turkish state is Internet-illiterate. It has no interest in the progress of the Internet economy. The Nobel Prize in Chemistry 2013 was recently announced. The…
The politics of polarized country
Actions speak louder than words. The Constitutional Reconciliation Commission in Ankara’s Parliament is still working. In principle, all of the four political parties…
Let's both eat and lose weight
It's good that Turkey has a medium-term plan, but I don't understand how we can increase our domestic savings rate while at the same time maintain growth based on…