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Turkey’s acute shortage of skills
It’s the creative class that makes a country tick. I see two trends regarding the one in Turkey. Firstly, in the wake of the Gezi Park incident in Istanbul, Turkey is…
Non-revolving funds, part-time, and full night
The full-time law forced professors of medicine to choose between private practice and hospitals. Think of an industrialist who throws away half of the functioning and…
Neither you, nor the politicians are aware
It is expected that by 2018 fifty billion machines will be communicating with each other. The amount of data is astonishing. The world’s population is around seven…
Syrian Kurds and the Turkish government
The Turkish government thought the Syrian uprising was going to end in no time. Bashar al-Assad was going to fall soon, to be replaced by “our close friends,” the Muslim…
First praises, then criticisms
Citing temporary incidents of “success” as evidence to the anti-inflationary efforts is just not nice. Do you check the reports and studies the Central Bank (CBT)…
Credit cards increase women’s employment
Credit card usage increases registered employment, both overall and among women. Banks modernize Turkey’s economy. Turkey is at the bottom among European countries in…
Risks ahead and growth prospects
Per capita growth rate in the last six years will be 1.85 percent compared to the 1950-2007 average at 2.72 percent. A few years ahead will probably be challenging for…
What’s wrong with doing business in Turkey?
Turkey is the 17th largest economy in the world. Yet, on the Forbes' list of dollar billionaires, the country hit number six recently. In other words, Turkey is not yet…
Why are the higher education exam results tragic?
How do people who think that it is a big accomplishment to turn each and every plain plot of land into a construction zone not design a tuition system which will enable…
Three children come with $25,000 GDP per capita
Turkey has to improve its position in the world human development ranking. Only then can the fertility rate increase to three. I recall an article from three years ago…
Confidence in the economy: increasing or declining?
Without confidence in the economy, people defer their investment decisions and wait for the fog to disperse even if there is access to loans and interest rate is at a…