You only die once. The danger of this policy is that it might temporarily erode Turkey’s competitiveness. Low interest rate policy and generous...
A second rating agency upgrading Turkey’s rating is a positive development concerning both the cost and volume of borrowing. Two positive...
In a country like Turkey, which has to choose between low growth and high current account deficit; what does it mean if interest rates are lower than...
Short-term capital inflows have gradually increased, but exchange rate is not volatile. Real exchange rate has reached 121. Central banks that...
We are faced with a complicated situation. Evidently, the critical challenge is that there are several monetary policy targets. Given the Central...
Not only does the savings rate go downhill; international comparisons validate the underperformance. While we were almost convinced that everything...
Taking into account the capacity utilization and real sector confidence figures for April, it is doubtful whether the recovery implied by import...
The TEPAV Financial Stress Index was designed to predicate the risk of economic contraction before GDP figures are released. Last week I talked...
It is estimated that the Treasury will need a new raise in the limit by 19 May 2013, which means that the Republican and Democratic parties will have...
In April, CUR decreased year-on-year by 1.5 percent, that is, at a rate larger than in February and March. Yesterday two important data which are...