Average growth rate in 2003-1010 period is the same with that in the previous 42 years Let us assume that Turkey will achieve an average 6.5 percent...

We can live the moment and be happy. But take a look at the previous five decades, do we see a pleasant picture? In the first day of the 'Media's...

  There is no outright answer to this question. This is what our friend Musa told us last week. If you check it on the map, the distance between...

  Developed countries introduced almost 'crazy' measures against the global crisis. They created liquidity abundance and kept interest rates at...

Have you visited seen Gaziantep or Diyarbakir? If you have, you can notice that the former is rich and the latter is poor. When I first visited...

  The excess liquidity and low interest rates in developing countries is a source of trouble for developing countries including Turkey. And it...

  In developed countries interest rates vary at quite low levels. Table 1 shows the returns on two-year treasury bills in selected developed...

  Until some time ago, the day when the inflation figures were announced had a special importance for me. I waited the announcement with excitement...

  Turkey acknowledged this with the banking crisis of 2001. Before the crisis everyone through that everything was normal. There existed a false...

  Central Bank of the Republic of Turkey (CBRT) was to reinitiate regular FX (foreign exchange) purchase tenders. However the announced statement...