Blog
Page 44 / 164
Latest projections
The Medium Term Program estimates lower GDP growth for 2013 and 2014 compared to the previous program. After a series of “emotional” commentaries, today I will go back…
Please just tell us what to remember and what to forget
Why are we supposed to remember the total GDP loss during the 1994 and 2001 crises but ignore that the loss was higher in the 2009 crisis? When I was in secondary…
Obama too will know his place
Everyone has to know his or her place, including President Obama, who is in his second term as the leader of the most powerful country of the world. The US government…
Wonder why Iran has invented Rouhani?
I was at a TEPAV-BP-Energy Ministry event when I saw why Iran had invented Hasan Rouhani: in 2011, the major disruption to the supply of oil was the Libyan uprising…
A series of oddities (2)
The average of officially declared inflation targets since 2006 averaged 5.3 percent while actual inflation over the same period had an average of 8.3 percent. I have…
YÖK is a lost cause
YÖK is a body of political tutelage and has nothing to do with higher education, established to expand the rule of martial law to the universities. Lately, I have been…
I don’t have the answer
Fighting against informality should be the first step of the reforms aimed to increase Turkey’s sustainable growth rate. We always hear and voice assertive statements…
Why do you hate us Aesop!
Nowadays the main cause of the tension originating from the US is in the second category, that is, the risk that things might jump the track. For your sanity, it is…
Would you embark on an investment with a return of forty years?
At this rate, the twenty-first century will not be Turkey’s century. There will be no Turkish miracle like the Korean miracle. Not by producing small fry and accepting a…
There is something fundamentally wrong in Turkey
Turkey’s transformation is a success story no more. In 1980, Turkey was an economy exporting only $3 billion worth of goods, 90 percent of which were agricultural…
Condoning the rentier lobby and raising the nonexistent one instead
The systematic encouragement of profit-seeking and the absence of any taxes on land profits reinforce the possible risk of lowered potential growth rate for Turkey Land…