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Egyptian economy
Budget deficit is one of the most dangerous indicators. The year-end estimation for 2012 is 10 percent of GDP. I was at the nineteenth annual conference of the Economic…
The future of El Socialismo Bolivariano after Chavez
Only in Caracas did I ever see moto-taxis. You hail one, put on the spare helmet, sit behind the driver and watch him sail you through the heavily congested traffic.…
First signs of recovery in industrial production
4 percent growth rate target is still achievable. In addition, industrial output figures for January imply that a mild recovery has started. The Turkish Statistical…
1 TL to pee, 1.29 TL with tax for a urinary test
You cannot check if your MR test was done and examined properly when you get the report Last year, a friend of mine who runs a hospital told me this. You have to pay 1…
What are the Central Bank’s options?
With credit growth rate being substantially above the targeted level, the MPC will continue increasing reserve requirements. The Central Bank (CB) targets three…
Inflationary dynamics have not changed
If the Central Bank intervenes to lower lira’s value as was done in the late 2010 and early 2011, inflation will increase. The same old scene has been playing in…
If energy imports drive the deficit, Turkey’s unemployment rate is actually 35%
Those who insist that the current account deficit would dissolve if Turkey’s energy bill could stop growing should argue that Turkey’s unemployment rate is 35% rather…
What is the problem with Italy?
It was in 2011, and I was talking to a friend in London who had just returned from Davos. My friend pitied the Italian government officials trying to arrange meetings…
The Kaesong Industrial Region is operable, the Jenin Industrial Estate project on hold
North and South Korea were able to settle matters much more quickly than Israel, Palestine, and Turkey were able to find a compromise. If you travel south for about two…
Additional information needed on credit figures
Credit growth rates vary between the reports of intermediaries, banks and research institutes. Domestic credit growth rate has become an important variable for…
From counter-insurgency to stability
Thirty years have passed and the outlawed Kurdistan Workers’ Party, or the PKK, problem is now in a new phase. The conflict took so long that the world, the region and…
How a course can have 155,000 students?
If you cannot tap the potential, someone else will. In the end, selected children of ours can have it made in the shade. Here is one thought left from the year before:…