Güven Sak, PhD
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The crisis hits the ballot box
Do you follow the election campaigns? Turkey is now surrounded with the election atmosphere. Do not get tricked that it is the referendum that will be carried out and it…
What does the Number Two of China do in Bahamas?
Wu Bangguo, Chairman of the National People's Congress of China. He is the number two man of the country according to his position in Politburo Standing Committee of the…
Rise in profits of the corporate sector does not necessarily imply that things are on track
My favorite news features from the last week was those which read "We could not see what the Honorable Prime Minister saw; we did not notice that the crisis missed…
The story of “No” in Turkish-American relations
They say, every no is a blessing. Although the Prime Minister of Turkey has been walking around saying "yes" throughout the country, Turkey is recently famous around the…
Rising input costs are of key importance for the exchange rate debates
It is like we are living in a global Hodja Nasreddin anecdote. We get amused for finding what we had lost. The world has been trying to compensate for the loss of the…
“It is not that we became fake exporters although Turkey has a solid industrial policy”
Recovery in Turkey's economy since the end of the first wave of the 2008 crisis relies on domestic demand. The recovery in the export markets is relatively slower. Here,…
So, how must we asses this exchange rate issue?
Things were not like this before. When domestic tension on political issues increased, exchange rate used to go out of control. It is different not. While the…
“Beware the middle income trap!”
Do you look up at the sky once in a while? If you do not, please start doing. Particularly in Ankara and Istanbul, you first notice huge airplanes on scheduled flights.…
Why Turkey’s exports are still in the pit?
Please take a look at the figure below? It shows the movements in world trade and Turkey's total exports. What the figure reveals is clear: In terms of exports, the…
Are you happy with the TURKSTAT?
One who wants to conduct a research on Turkey must definitely be aware of TURKSTAT (Turkish Statistical Institute). If you need data, that is the databank. The TURKSTAT…
Can a country without an immigration policy be a regional power?
Recently, the Chairman of the Higher Education Council (HEC) said: "We have established many new universities; so we are in need of instructors. Now we are looking ways…
Policy uncertainty is bad for the recovery process.
Policy uncertainty does not necessarily follow from political uncertainty. Political uncertainty implies that it is not certain who will govern. On the other hand,…