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We are 16th now but used to be 15th
But what is the meaning of Turkey being the sixteenth largest economy for the man on the street? The answer is quite simple: it has no meaning at all. Sometimes – I hope…
Why should the EU play a role in Turkey?
The EU would have a unique role in completing Turkey’s transformation process. The EU was once the major driving force of Turkey’s transformation process. That was a…
Syrian insurgency and fragmentation of political Islam
Political Islamists have met the insurgencies in the Arab world with sympathy, because they thought it would give them a chance for political power. Certainly political…
Unemployment figures give the same message as output figures
Neglecting small fluctuations, we can conclude that unemployment rate has been stable around 9 percent for the last four months. Unemployment figures announced on…
Is it not as soft as expected?
The CBT will stick to the high-interest rate policy as long as the developments across Europe disturbs risk appetite. Now it’s almost the middle of the second quarter.…
Why has Turkey not been able to create a Hyundai?
We are designing incentive systems so that a few non-professionals can find jobs. They are designing incentive systems to create world champions. Another question left…
Is the presidency a priority?
Turkey needs a debate on the structure of its executive branch: the sooner the better. With or without Prime Minister Recep Tayyip Erdoğan, the discussion about the…
Turkey is different from Asia in a negative way
Estimates suggest that Turkey will be the only country in the Asia-Pacific region where growth will be halved and inflation will increase by 50 percent. You all know…
Turkish citizens in uniform
Looking into the debates, officers and NCOs have recognized that the “age of heroism” is coming to an end. The Turkish military has been passing through an interesting…
Open the curtains already
Wouldn’t it be better if those praising an institution could open the curtain of their eyes for a minute when assessing the circumstances? To begin with, we have to…
A different perspective might be useful
After all, price stability (or anti-inflationary policies) is among the chief aims of the CBT. The last two inflation reports by the Central Bank of Turkey (CBT) have…