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Turkish Economy

Turkish Economy
Türkiye and the West: A posteriori positive-sum ballad

| Opinion
With the manifestation of the national will evident, it is now time for Türkiye and …
  • Opinion

    With the manifestation of the national will evident, it is now time for Türkiye and the West to reframe the post-election concordance path, create a new road map, resume economic cooperation and revisit the political common ground. The approach should focus on a renewed consensus on economic and political collaborations. They will undoubtedly be better off with more cooperation, rather than competition or just a loose liaison. The political (even ideological) differences should not cloud coherence, the ability to cooperate, and post-ballot collaboration.
  • Opinion

    The most common question on most minds nowadays would probably be the concern regarding how Türkiye is planning to bring inflation down and prop up the Turkish lira. Furthermore, why won’t policymakers raise interest rates like the U.S. Federal Reserve (Fed) or the European Central Bank (ECB)?
  • Opinion

    Just to recapitulate an essential point: Although the entire economic outlook is not dire, nominal variables are challenging in Türkiye. Nevertheless, unemployment, growth rate, industrial production, export and fiscal budget balances are usually positive.

Bu Konuda Daha Fazla

  • The 2023 presidential election in Türkiye, which will pit the presidential candidates of two major alliances against each other, created a state of great intellectual and ideological mobilization. With the distinction between “us” and “them” forming the backbone of politics, polarization becomes inevitable. Indeed, polarization becomes more intense and widespread due to the presidential system giving rise to alliances and the Nation Alliance uniting around "anti-Erdoğanism" after two decades.

  • In the wake of the great disaster that Türkiye has experienced, we are trying to heal each other’s wounds, mitigate each other’s suffering and rush to each other’s aid as a nation. We are compelled to highlight the economic impact of what happened in the devastation’s immediate aftermath while our memories and pain are still fresh. It is necessary to state and acknowledge that any attempt to restore and improve the “living standards” of Turkish citizens must rest on this assessment within the framework of the basic idea that the economy is supposed to serve the people. Universally speaking, economics is the science of allocating scarce resources optimally and we need its accumulated experience and principles more than ever amid crises.

  • Minimum wage debates have even turned into a rather ideological debate all over the world

  • The perception of Erdoğan as a leader to guide Türkiye in an increasingly uncertain world has come to be shared even by the opposition as attempts by Kılıçdaroğlu to dictate the political agenda have been backfiring

  • Greece, seeking to expand in Aegean, Eastern Mediterranean seas, sacrificed independence as ‘proxy’ state