Blog
Page 72 / 164
Oil should not hinder change in Cyprus
Did you know that Northern Cyprus’s is not performing as strongly as Muğla in terms of tourism? When it comes to the economy of Cyprus, I instantly think of an anecdote…
Syria and neo-Ottoman artillery fire
As internal and external complications kept piling up, a mortar strike coming from a country suffering from a civil war with no front line was not surprising. As Bashar…
There still is a positive development despite all the negative ones
So, now it is a greater probability that in the third quarter, growth rate might be weaker than the 2.9 percent in the second quarter. Last week I promised to write on…
Forced steps at the wrong time
The combination of the first three in particular is a new phenomenon for Turkey. New and critical… Over the past two years, Turkey made economic policy mistakes. First…
No advanced-technology without basic sciences
Turkey’s export statistics signal low-growth in the medium-term. The resource constraints indicate that the solution will not be easy. Turkey has to decide on its future…
Can Morsi be Egypt’s Özal?
If I were Egyptian, I would look for an urbanization policy that goes hand in hand with the industrial policy. Turkey and Egypt have just signed an agreement for Turkey…
Medium-term or infinite-term?
The core problem is that, that “medium-term” somehow turns into “infinite-term.” There is no need to put yourself in the line of fire. God forbid all my beloved ones and…
The youth do not even want to be engineers
First, the best members of a generation refrain from studying the basic sciences as they believe that other options offer better job opportunities and thus a better life…
Political Islam and Kurdish nationalism
A number of Islamist Kurds are planning to stop supporting the AKP and establish a new party. Last weekend, Prime Minister Erdoğan demanded that Kurds show a reaction…
Is this a game?
Is it possible that bureaucrats from the Ministry of Finance and the Treasury did not inform the CB of the plans? Yesterday, inflation figures were announced. In short,…
The new challenge for Turkey: low growth, high current account deficit
In times of high growth and high current account deficit, we at least knew what we were faced with. It used to be that the high growth-high current account deficit duo…
Price raises and the Central Bank
I think, the CB will keep the average funding cost close to the policy interest rate unless exchange rate changes unfavorably. First, tax on selected goods and services…