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In Turkey, as spending on housing contributes more to the GDP, the domestic savings rate decreases. Turkey is not like China. When it achieves...

Banks are now allowed to keep a certain proportion of required reserves for lira deposits in FX. Quite a while ago the Central Bank (CB)...

Since 1960, GDP per capita gap between G7 countries and Turkey has not changed much. As you might remember, in one of last week’s commentaries, I...

Did you know that Northern Cyprus’s is not performing as strongly as Muğla in terms of tourism? When it comes to the economy of Cyprus, I...

As internal and external complications kept piling up, a mortar strike coming from a country suffering from a civil war with no front line was ...

So, now it is a greater probability that in the third quarter, growth rate might be weaker than the 2.9 percent in the second quarter. Last week...

The combination of the first three in particular is a new phenomenon for Turkey. New and critical… Over the past two years, Turkey made economic...

Turkey’s export statistics signal low-growth in the medium-term. The resource constraints indicate that the solution will not be easy. Turkey...

If I were Egyptian, I would look for an urbanization policy that goes hand in hand with the industrial policy. Turkey and Egypt have just signed...

The core problem is that, that “medium-term” somehow turns into “infinite-term.” There is no need to put yourself in the line of fire. God forbid...