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Turkey’s position in the world growth volatility league
For the 2000-2010 period, the volatility of growth in Turkey is higher than that in 130 of 184 countries. Forecasting is a technical issue. Estimates are made upon a…

How was Greece?
Politicians are abundant in Greece, but the lack of a statesman is obvious. The Greek people are aware of this, indeed. Last Monday I was in Athens. It was only…

Contribution to MİT Debate
Details of the negotiations carried out behind closed doors between the National Intelligence Organization (MİT) and the PKK have been brought into the open through the…

What are the macroprudential legal powers?
By the end 2012, the UK is going to have united the banking regulation authority and the central bank. Important steps are being taken to this end. Almost everyone…

Life is hard for Papademos
These days I would not want to be in the shoes of Greek prime minister Lucas Papademos, and I laud Ecevit. These days, I would not want to be in shoes of Greek prime…

The Financial Stability Committee
In order to serve its purpose, the Financial Stability Committee must be revised in terms of its governance structure. In the light of the lessons learned after the…

First world economy, third world budget
No matter how modern the Turkish economy has become in the last three decades, the structure of the Turkish public budget has not changed. After three patients died of…

The debate on the reorganization of the BRSA and the CBT
My recommendation was either to transfer certain powers of the BRSA to the CBT or unite the two agencies. I have been receiving comments on my recommendation on a new…

The PSA is putting a spoke in the TCC’s wheel
Each new decree is turning out to be worse than the previous one. Frankly, I am having difficulty understanding the goal. Some while ago, I commented, “What a contrast,”…

Syria, Turkey and military intervention
The changing nature of the clashes indicates Syria is drifting into a civil war. Long-lasting fights mean more pain for Syrian people. However, without foreign…

How will be the mood in 2012?
Fund inflows towards Turkey have been rising. Should these circumstances prevail, 2012 growth can be considerably above the official estimate, 4 percent. Readers…

Iran is becoming a lot like the Soviet Union
I see a resemblance between Iran and the collapsed Soviet Union: Inventions focused on a single area spread throughout the economy. Will the sanctions the international…