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The meaning of the Syrian civil war for the PKK
Strong links were formed between Syria’s intelligence service and the outlawed Kurdistan Workers’ Party (PKK) in the 1970s. Father [Hafez] al-Assad was one of the…
Lessons from the exchange rate policy
When implementing such policy, anti-inflationary efforts mustn’t be decelerated – or steps to create an impression as such must be avoided. For a couple of weeks I have…
Saving is the worst thing to do nowadays
I believe that the biggest loser of the current era will be the savers. The crisis of 2008 continues to shake our faith in the system. Recently, another supporting…
Turkey’s desperate housewives
When compared with EU countries, the FLFP in Turkey is lower at every level of education. The size of the labor force is roughly the same in Turkey and South Korea: 25…
But fewer people own cars
The municipality approach in Turkey is based on building roads and then throwing us all into the street and saying “every man for himself.” I generally read the comments…
Erdoğan’s Russia visit and the Syria issue
Information about and comments on Turkish Prime Minister Recep Tayyip Erdoğan’s visit to Russia have been debated in the media. One of the reasons this visit is so…
Did it really work?
The intentional depreciation policy on lira did not contribute to Turkey’s competitiveness for the current period. Now we can discuss it comfortably. Inflation…
Unemployment inertia persists
Unemployment figures have been fiercely inert and steady except extraordinary periods. Unemployment figures for April were announced yesterday. I prefer not to use…
Toilets at each end of the bridge: kill me now!
As one of the main arteries is closed, they have no option but put portable toilets at each end of the bridge, right? Last week I wrote how the Turkish Housing…
Egypt is no Sudan
Like Sudan, Egypt’s economic situation looks gloomy. Unlike Sudan there is hope on the ground in Egypt, which is rather good for expectations management. Egypt and Sudan…
Adjusted growth figures necessary
It will be quite useful if the TURKSTAT releases GDP figures adjusted to extraordinary movements in gold trade. The Turkish Statistical Institute (TURKSTAT) has to…
If it was TOKİ, Barcelona would not be as it is today
If it was TOKİ, Barcelona would probably have turned into a compilation of distant and strictly separated satellite towns. I am sincerely sorry that I cannot cite…