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Is the Northern Marmara Highway a good idea?
That all of our dreams are about reconstructing Istanbul is a sign of illness. The cost of the Northern Marmara Highway, which involves the construction of a third…
Iran, Syria and beyond
Time is ticking away for everyone regarding Iran. While the United States tries to corner Iran, it runs out the clock as it did in the past. It hopes to possess nuclear…
Financing current account deficit
European banks in deficit should not choose to close the capital gap by cutting credit supply steeply for Turkey to enjoy easy access to foreign funds. There is a common…
Can Turkey create the Shenzhen of its own?
Let’s just say it: Bursa, Diyarbakir and Gaziantep are undersized because of the current administrative structure in Turkey. The other day I asked, “Why has Bursa not…
Developments about industrial production
The first conclusion these figures lead us to is that industrial production did not slow down in November 2011. Industrial production figures for November were…
Will the Lira strengthen in 2012?
For Mr. Başçı's expectations to prove right, the Fed has to continue the monetary expansion and the European economy has to recover. I learned about the speech the…
Why has Bursa not grown?
We are stuck in mediocrity because Bursa, Gaziantep and Diyarbakir were undersized and Istanbul has grown huge. Do you once in a while avoid the unfruitful and highly…
Why seek adventure?
Why not strengthen the inflation targeting regime taking into consideration the current circumstances rather than abandoning it? Table 1 shows the inflation targets,…
Lessons learned from ‘Uludere’
The approaches and debates regarding the unfortunate Uludere incident are quite educational. Data provided by unmanned aerial vehicles (UAVs) and their transformation to…
Euro celebrations fell through
The negative forecast for Italy has played a major role in the emergence of the opinion that the Eurozone might break up. The first banknotes of the European common…
A memory from 2004-2005
Back then, the CBT met several times with the Banking Regulation and Supervision Agency (BRSA) to call it for supporting monetary policy . In this first commentary of…