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Before ships leave the harbor…
I am expecting contributions from other readers to publish here before ships leave the harbor. The search for a new monetary policy series recommended a new…
It’s the domestic demand, stupid
Growth always comes from domestic demand in Turkey. Controlling domestic demand through fiscal and monetary discipline is once again the major issue of the day. There…
Inflation within the current picture...
Clearly, should the relatively positive climate that emerged along with the beginning of 2012 continues, Turkey’s inflation will be affected positively. Annual inflation…
Turkey is becoming just like China
The new draft of the Capital Markets Law will reinforce the notion that Turkey is becoming just like China. It really is. We are witnessing appealing debates. Turkey is…
The search for a new monetary policy (conclusion)
There are several ways to harmonize the policy tool devoted to ensure financial stability and to ensure price stability. Now it’s finally time for the last commentary of…
Turkey, Israel and Hamas
The Palestine question was the most popular issue in the Turkish political Islam movement between 1960 and 1980. It had an extremely significant role in building the…
Those without fast broadband access are losers
A country without fast broadband will raise losers without professions, instead of manufacturing a domestic car. Turkey still lags behind in terms of fast broadband…
The search for a new monetary policy (5)
In order to ensure that the macro-prudential tool serves its purpose, the CBT is allowing the policy rate lose its influence as a policy tool. On Saturday, I stated that…
The search for a new monetary policy (4)
If the steps taken to launch the reserve requirement policy had not disturbed the policy rate mechanism, we would not have cared about this non-functionality. I am…
Protect the rich, please
It has become an urgent matter of debate that some parts of society are deprived of the benefits of the world. These days we need to protect the rich. They are kind of…
The search for a new monetary policy (3)
The policy rate and the macro-prudential policy tool shall counteract each other in order to prove fruitful. Here is the third commentary of the series. In the previous…