The CPI has not converged with the headline inflation unlike what is normally expected. Headline inflation has long ago lost its function as a...
Uncertainty is the nemesis of the confidence in an economy. It is not realistic to expect a rapid economic recovery in this environment. Yesterday...
In the 2003-2012 period, GDP of emerging market economies on average grew by 1.95 times, compared to Turkey’s 1.43. What a repulsive scene: a...
If some people are obsessed with interest rates and if they hold important offices, it becomes difficult to design economic policy. You might sure...
The FED will evidently clear away the lump as soon as growth and employment figures reach desired levels. If people give up the conspiracy theories...
The hearing will potentially be a top item on the financial markets’ radar in the coming days. In the fall 2012, all we talk about was a...
Tough days are to come. We should be aware of our vulnerabilities when taking our steps. The possible policy reversal by the Federal Reserve (FED)...
If the economy has vulnerabilities, you need to focus on and try to overcome these instead of praising the economic performance. That’s the...
Turkey has to make sure that this movement will not push unemployment up or GDP down. The way to do this is to prevent any loss of confidence in the...
If the economy grows as expected by 4 percent in 2013, per capita growth rate will be 2.7 percent, lowering the average of the 2204-2013 decade. In...