In general, when conducting macro-level analysis, we group the economy under sectors; for examples public sector, the central bank, banks,...

  In my last commentary, I tried to shift my focus away the crisis and addressed the medium-long run and thus the issue of reforms. Among the...

  Currently, we are wondering what will be the magnitude of the economic contraction in 2009. The only thing we care about is whether we can...

  Global shock, and the big earthquake and then the global crisis and recession... We have been using these phrases since recently. However, we...

  Among the most unpleasant aspects of this crisis for Turkey is that it creates a great ambiguity that we cannot and will not be able to control....

  We shall not pin our hopes upon individual solutions in the period of crisis we are going through. This fact was relevant even for four months...

  I have been repeating after and after that the global crisis will affect Turkey through four different channels. There are measures to tackle with...

  I know that my recent columns are depressing, but so is the current situation not only in Turkey but throughout the world. The additional...

  Note: Tangent is the line passing through a point on the circle. Chord is the line segment linking two points on a circle. The longest chord of a...

  Estimations for global growth are continuously pushed down. For instance, IMF recently stated that the new estimations to be announced this month...