Blog
Page 93 / 164

The PKK question and Erdoğan’s tough choice
The agenda is changing with dizzying speed in Turkey, but there are unchangeable issues, like the Kurdistan Workers’ Party (PKK) question. Unfortunately, as winter ends,…

Would women work if the subway system was sufficient?
Lack of a sufficient subway system has a role in the low rate of employment among women. Turkey’s economic agenda is quite poor nowadays. Why? I believe that the…

The search for a new monetary policy (2)
It would be a rational expectation that as real interest rate increases, consumption and investment expenditures, that is, demand and production, will decrease, and vice…

If violinists can’t tell the difference, how can S&P?
I don’t like reports about the Commission working on a plan B for the possible breakup of the eurozone. That paves the way for unintended consequences. We live in…

The search for a new monetary policy (1)
How can we rearrange the pre-crisis monetary policy to guard financial stability as well as price stability? My recent commentaries about monetary policy concluded on…

Ankara’s subway is like Nigeria’s subway
Nigeria and Turkey are in the second group due to the lack of organizational capacity. The Hrant Dink trial has ended. The verdict has proven that, during the last…

FED’s recommendations to the CBRT
We need to consider options to transfer certain powers of the Banking Regulation and Supervision Agency to the Central Bank. According to a story featured on Bloomberg…

Gen Başbuğ’s arrest: Political or legal debacle?
Turkey is not a country that can be understood easily by foreigners. The speed of developments and change leaves one reeling. But there’s no need to make much of a fuss…

We are not accustomed to this...
S&P has cut sovereign ratings of many Eurozone countries. Currently, ratings of three Eurozone countries are lower than that of Turkey. The new Spanish prime minister…

Is Turkey wealthier than the US?
Gas in Turkey is more expensive than in the US due to a weaker tax administration. It was cold in New York last weekend. Extremely cold. The car thermometer said it was…

Lessons of Uludere
We need to revisit our urbanization policies, if there are any. We have to increase connectivity, make our policies more structural and more effective. I have to start…