In 2012 Turkey can achieve 4 percent growth as targeted in the Medium Term Program, which is in harmony with my expectations for soft...

  To be able to assess the countries of the region with a different perspective, Turkey has to compile data. You cannot easily become the...

  Though growth rates have decreased remarkably, there appears a soft rather than the dreaded hard landing. Gross domestic product (GDP) for the...

  When designing and implementing economic policies, “potential future budget deficits” must be taken into account. Now it is way easier to explain...

  In the past, Syria has sponsored Kurdish rebels inside Turkey. Now Turkey seems to be sponsoring a similar insurgency inside Syria. There are...

  The key challenge is to enrich the people and strengthen the middle class. Without a strong middle class, Turkey cannot become a high-income...

  It is highly probable that slow growth – zero or negative growth when adjusted to population growth – has pertained in the second quarter of the...

  Isn’t it a major weakness for Turkey to sacrifice growth in order to ease its current account deficit? The economy slowed down drastically in the...

  If Turkey could improve its female labor force participation rate to that of South Korea, it could have a national income of $1.1 trillion today....

If price of crude oil does not change, the future performance of inflation will depend on the exchange rate developments. In recent commentaries, I...