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Taxes and investment climate
Minister Şimşek stated that if a tax rebate was to be launched, the first step would be to cut taxes on employment. I did not listen to Minister of Finance Mehmet Şimşek…
Inflation must not be ignored
Purchasing power of the lira almost halved since January 2005, when six digits were deleted. Year-end inflation target is 5 percent. The Central Bank of Turkey (CBT),…
Two calm summers
Leaders who have to live with problems that are left hanging in the air are bound to deal with more complicated problems than those that are visible. That kind of…
Continued on innovation
Prominent feature of the leading innovators is the high level of firm activity in innovative areas, high level of R&D funds in particular. Last Saturday, I talked about…
Anatolia is not in the Customs Union yet
The main clients for the emerging industrial centers of Anatolia are the Middle East and North Africa, not Europe. Turkey as a whole signed the Customs Union (CU)…
How Syria is so much like Turkey
I have been thinking about how much Syria resembles Turkey lately. This year of unrest across the border gave me a whole new perspective. The similarity is obviously not…
Turkey’s relative performance of innovation
The new seating and voting order the Education Commission adopted will definitely contribute to Turkey’s position in the 2012 innovation index. I gossiped on the current…
What happened to education during the strife?
Do you realize what has happened to education as a result of the strife? Do you understand what the final draft of the education reform bill the commission has adopted…
Make room for non-state actors
Saying the Syrian regime is about to die is, of course, not an assertive prophecy. People know that it is not possible for the al-Assad regime to set itself free from…
How to avoid head trauma
It is useful to keep in mind that fiscal policy can be a strong tool to slow down the economy, when necessary. Please think, what would happen if the Fed signaled that…
Let’s hope for the best!
Since July, capital inflows have been standing below the amount required to finance the current account deficit concerning three-month cumulative figures. Yesterday,…