Basis S2 S3 S4 S5 * Real % change in the end of 2009 compared to the end of...
Yesterday rate of economic contraction for 2009 was announced: 4.7 percent. Contraction is lower than expected. Upon newly announced figures,...
The preceding week was quite critical for Greece. The decision European Union will make in the Euro-zone country leaders meeting last week was of...
Incentives have a critical importance in economic theory: they determine individuals' behaviors. For instance level of development of an economy...
After the deep crisis in 1997, unemployment rate in South Korea jumped from 2.5 percent in 1996 to 7 percent in 1998. With the policies...
Good news was heard from the Standard and Poors who increased Turkey's credit grade. Turkey's performance is quite pleasing given that some EU...
We know that politicians can pursue practices that distort economic stability in order to stay on power. There are a number of institutional and...
After the World War II, Korea split into two. In 1948 when the split actually took place upon the elections carried out in the South, level of per...
In democracies, governments in power naturally have concerns about getting reelected. Studies on political economics reveal that aiming for...
Fiscal rule came to agenda once again last week in Deputy Prime Minister Ali Babacan's meeting with economy editors, and was widely featured on...