Déjà Vu in Developing Economies? The Intertwined Story of Inflation, Interest Rates and Debt Burden

Money lost to interest payments creates debt burdens and shrinks public resources that could be channeled into development-friendly areas.

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D j Vu in Developing Economies The Intertwined Story of
Hovering economic policies of the political movements in Türkiye

Hovering economic policies of the political movements in Türkiye

Following the global financial crisis of 2008, liberal ideology was deeply wounded. The Keynesian ideology, arguing that governments should intervene where necessary (for the public interest) and that institutions should work more effectively, began to gain more popularity. The pandemic of 2020 (and the weaker position of capital) also strengthened this transformation. In emerging economies such as Türkiye and developed countries such as Japan, on the other hand, development policies, public stimulatory interventions and more independent policies came to prominence.

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The need for the government to play a role in financial crises highlights the problems with American liberal capitalism, which allows for the emergence of large and efficient companies that cannot be allowed to go bankrupt, creating a system that consistently protects "big money."

The ongoing military confrontation between Armenia and Azerbaijan continues to escalate despite the recent calls for a cease-fire.

Hardly a day goes by without the Bashar Assad regime bombing hospitals, schools and bakeries in Idlib. Since the Jan. 12 cease-fire, more than 130 civilians have died in military operations that undermine both Astana and Sochi peace deals.

Although their practices are already beyond the pale in terms of journalistic ethics, both the U.S. and the European media are apparently seeking to set a new record with regard to their old prejudices

The 'strong man' option is destabilizing Libya

Libya's civil war has devastated the country for the last five years and is escalating again with Field Marshal Khalifa Haftar's recent march to western Libya.

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The 'strong man' option is destabilizing Libya
BRICS Summit and consensus-building efforts in a fragmented world

BRICS Summit and consensus-building efforts in a fragmented world

The 10th Summit of the BRICS countries began in Johannesburg, South Africa on July 25. The group includes five emerging economies: Brazil, Russia, India, China and South Africa. The BRICS countries comprise 40 percent of the world's population.

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The American invasion of Iraq can be demonstrated as a textbook example of how to kill a state and destroy a population, if not a nation.

President Erdoğan does not just criticize Western countries, he also calls on them to reconsider their relations with the rest of the world on the basis of new partnerships

In one of the most debated books in the U.S., "Political Tribes: Group Instinct and the Fate of the Nations," Amy Chua, a Yale University professor, wrote about how identity politics abroad is often missed by the U.S. and how this negligence has generated major failures in U.S. foreign policy.

Instead of making empty promises, world leaders should discuss how to fight global problems during the G20 summit in Hamburg

Since the reversal of recent popular revolutions in the Arab world and the loss of political stability in the wake of several failed states, foreign meddling and proxy wars created a vicious circle whereby radicalism fed instability and instability fed deeper radicalism.

The same people who hailed the PKK as a merry band of revolutionaries might soon have to face the fact that they were in bed with terrorists all along.

When the larger picture that takes the "Trump factor" and rising global economic tensions into account is analyzed, it is clear that the turbulent period in the global economy might be with the U.S. well into the medium term.

Turkey will continue to resist speculative attacks orchestrated by domestic and international investors with an optimal mixture of prudent governance and counter-speculative moves made by key market players

Ankara is firmly back in action as an emerging power acting proactively in regional and global matters

The West need to consider Turkey's place in international politics from a realistic perspective rather than an imaginary one and evaluate it in terms of strategic priorities, not historical ones

Turkey is entering a critical turning point in international finance on the eve of major structural reforms in macroeconomic governance, social policy and investment climate.

In order to maintain stability in influx and out flux of capital, investment fund inflows should be encouraged and precautionary measures should be taken for the outflows. The Istanbul Finance Center project will prevent the capital in and out fluxes to be a factor of instability.

Although the 19th century was the European century and the 20th century was the American century, it is forecasted that the 21st century will transform into a more global century led by Asia.