Güven Sak, PhD
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Arbil looks increasingly like Turkey
The bigger the opportunity, the bigger the responsibility. We have a lot to do. I have been in Arbil for a couple of days. Arbil is the capital of the Kurdish Autonomous…

No profits, no sector
The problem in the animal breeding sector can be solved with a policy that guides the firms Signs started to emerge in December. First Banvit and than Koç Holding…

Can the budget deficit be remedied by raising oil prices?
Those wondering when Turkey's credit score will be upgraded must start thinking about how Turkey's public savings can be improved. Public finance was the top priority…

“No wise man enters the industrial sector in this milieu”
I hear the above statement in different forms with increasing frequency these days. Yesterday, the Industrial Strategy and Action Plan was announced. The timing could…

An unmanaged economy accumulates risks
2011 will be the year to avoid behaving like Procrustes. Administrators had better be cautious. 2011 will be a year requiring cautious economic administration. As…

MOBESE doesn’t count
Investment on MOBESE for instance are also counted as public expenditure. Recently the Honorable PM of Turkey, Tayyip Erdoğan, visited Mardin, I guess. What happened was…

Where can Turkey go with this zero-reform policy?
There is a big difference between pre and post-2007 Turkey. Leaving behind the politically and economically unstable country image, Turkey started the second millennia…

World War I has ended just in 2010.
How will 2011 be for Turkey's economy? What will be the determinant factors? We are on the eve of the year 2011. So it is time for us to think what the new year is about…

Silence of the east augurs no good.
The problem is not limited to Southeastern Anatolia.; it seems industry did not visit the said part of the country. The era of shouting about the Kurdish issue was ended…

This time it is even more dangerous than you think
To succeed, the measures introduced by the two must be reinforced by policies to improve public savings. We have always loved danger. Just take a look at the history of…

Turkey should not become like Iraq as it increases exports to Iraq
Turkey needs a process of comprehensive structural reforms in order to maintain competitiveness in European markets. Demand sets supply. The quality of import demand…

I advise you to invest in the Turkish Lira
Erdem Başçı talks about the comprehensive change in the monetary policy in line with the new normal. Recently I chatted with a Venezuelan friend who is a resident in the…