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Iran, sectarianism and proxy war
The government continues its war of words with the Iraqi prime minister. Remarks exchanged between them have become stiffer, especially following the visit of the Sunni…
Fighting against inflation back on the agenda?
The CBT started to tighten the monetary policy and prioritize anti-inflationary targets, which must be considered as steps in the right direction. By the time you are…
Distributed profits
The level of distributed profits, which stood below $500 million before 2003 averages at $3 billion since 2008. Foreign direct investments (FDI) are the most desired…
When the Russians did first climb the Everest?
When it comes to entrepreneurship, we belong to the school of “first succeed, then we'll talk.” The height of Mount Everest is 8,848 meters. Climbing Everest is a dream…
Why do the Turks just not save?
A stronger domestic savings base requires a coherent urbanization strategy. What’s the main difference between Turkey and China? Simple. China is a high-growth country…
Incentives, kidney bean and summer snowflake
When designing the new incentive system, it is crucial to devise a framework that improves productivity and technological advancement and promotes innovativeness. The…
If you spend recklessly, you will end up giving the shirt off your back.
The irresponsible actions of the administration that put healthcare professionals in front of patients cost Dr. Ersin Aslan his life. Any practice of populism leads to a…
The ‘real policy rate’ will exceed 7 percent more frequently
As it is declared that additional monetary tightening might be implemented more frequently, ‘the real policy rate’ might exceed 7 percent. The Monetary Policy Committee…
From Libyan to Syrian military intervention?
In Libya, many countries were involved in different ways soon after the anti-Gaddafi uprising started. The uprising managed to topple the regime fairly swiftly, with the…
Who is to blame for the confusion?
It doesn’t matter if the CBT increases the one-week repo rate, which it calls the “policy rate” but actually is not. Central Bank’s Monetary Policy Committee (CBT - MPC)…
Can this incentive system create a Samsung?
We are designing our public policies not for the sake of future generations as the Koreans do, but for the sake of the upcoming elections. Last week I argued that the…