We should not expect a policy change that will trigger capital outflow from countries like Turkey until the end of 2012. After the committee meeting...
2012 growth rate at the 1 to 3 percent interval seems reasonable. Yesterday, third quarter growth rate was announced at 8.2 percent. Growth figure...
This step is insufficient to relieve markets. Europe was in a vibrant mood for the last two days. First, the European Banking Authority (EBA) and...
As calculations of the newly established European Banking Authority suggest, total capital gap of European banks amounts €106 billion. There are a...
The upwards trend in inflation will be temporary. Inflation figures for November were announced. Annual increase in consumer prices reached 9.5...
In the context of what we have experienced since the late 2010, I believe it will be useful to discuss unifying the BRSA and the CBT. There is a...
The current public debt/GDP ratio in Italy is too high, at 120 percent. The main reason why the interest rate is high is the high level of public...
It is quite difficult for Turkey to improve per capita income to the level of developed countries with the current savings rate. I started to write...
Turkey’s trade deficit heals during crises, but this is not exactly pleasing as the underlying reason of this improvement is the contraction of the...
Turkey’s production is highly dependent on the import of intermediate goods and investments are highly dependent on the import of investment goods....