Countries which become more unbalanced in an age of declining global imbalances are called vulnerable. It was quite some time ago, in the first...

We appear to be living in an age of current account reversals. Just have a look at the graph below, taken from a TEPAV study. If you take both the...

If the below table is considered an indicator of how Turkish economy shines like a star, I am really concerned about the future; because if so we are...

While Turkey has yet to deal with the issues brought by the industrial revolution, the questions raised by the ICT response are already waiting to...

Given the current environment, discussing this detail might seem trivial; yet it is important to consider tiny details when forecasting economic...

Enriching the framework does not mean – I hope my former colleagues at the Central Bank won’t be offended – making a mess of it. For now, let’s put...

We have recently realized with the Edward Snowden case that security organizations have been using a gigantic set of data about our lives without...

With saving instruments such as deposits and bonds having no real return, consumption was encouraged. Rumor has it that 100 truthful economists,...

Tapering has revealed the vulnerability of the Turkish economy. What is Turkey’s problem? The current account deficit is going to be too high, the...

I started with shopping malls and digressed to corruption and the parallel state. I feel that I should not go any further. The biggest building in...