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The Shanghai Five
As our ancestors have successfully explained, the rotten apple injures its neighbors The Shanghai Cooperation Organization (SCO), originally called the Shanghai Five,…
3D printers will directly link Konya to global value chains
3D printing has brought us the opportunity of making Konya a province through which a global value chain passes. The hottest development in 2012 for me was that I…
Initial figures on 2013
The fact that no evident recovery was observed in the fourth quarter of 2012 does not endanger the expected 4 percent growth rate in 2013 Last week two important data,…
Why Amgen chose Singapore over Istanbul
Amgen is a U.S.-based multinational biotechnology company known for its clinical and commercial manufacturing of biotechnology-based medicines. The company started its…
Growth constraints and shopping lists
Certain items on Turkey’s “shopping list” can make sense only in combination with complementary factors. Average GDP per capita growth was higher in Turkey in the first…
Are Turkey’s engineers Dilberts or Da Vincis?
To improve the sophistication in production, Turkey has to educate dynamic engineers. It has to increase the number of Da Vincis against that of Dilberts. Turkey needs…
Jihadists in Syria and western targets in Turkey
Many victims lost their lives in last week’s Jihadist attack in Algeria. Everyone, especially the citizens, governments and companies of Western countries situated in…
The latest CBT decisions
The CB is determined to take stronger steps if the rise in credit growth rate continues and tends to turn permanent. The Central Bank (CB) Monetary Policy Committee…
If you cannot create a new world, you have to bear with the old one
Turkey is asking people’s help in combating terrorism in its territories, yet it is reluctant to take steps itself. As of the end of February 2013, the Financial Action…
The BRICs and Turkey (5)
The picture is quite clear for Turkey: it cannot sustain the recent economic performance unless the mentioned conditions change. This is the last commentary of the…
Growth accelerations
Achieving high growth rates is not a rare phenomenon. There is a study released in 2005 on this issue (the details f the study are given below). The authors examine the…
BDP represents Kurdish Turks
In Diyarbakır, thousands peacefully participated in the funeral of three Kurdish activists killed in Paris. It was a political show of strength for the Peace and…