Six Months After the Earthquake, Antakya Remains a Ruin
‘Everything is unclear. When we ask questions about the state of this or that building, we don’t get any answers. Should we keep...
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ECONOMY
30 Articles
Is This the End of Erdoğanomics?
‘Raising interest rates may have side effects. Turkey has one of the world’s highest percentages of “zombie firms” that have only...
Why the UK Has Sanctioned Turkish Entities Supplying Electronics to Russia
Britain’s decision to sanction two Turkish entities may suggest that London and its Western allies are unsatisfied with Ankara’s...
Turkey’s New Economic Team: Success or Failure?
‘Populist economic promises, continuous support for business owners, inefficient and wasteful mega-projects, and foreign...
What Pakistan and China Gain if Turkey Joins CPEC
From Islamabad’s point of view, the addition of its “brotherly country” — which is how Pakistan has described Turkey in...
‘We need an economic program, urgently’ – Prof Fatih Özatay
In June, a new Minister of Treasury and Finance and President of the Central Bank were appointed. There has frequently been an emphasis on...
Search and Rescue: The Erdoğan Pivot
‘To strengthen the lira, the central bank would likely need to drive Turkey into a recession and raise the overnight rate above the rate...
Erdoğan’s Self-serving Brinkmanship
‘To avoid calamity, Turkey will need vast amounts of financial help, aid with its current-account deficit, direct foreign investment, and...
How Erdoğan and Orban Use Money to Consolidate Power
‘Leading up to the May 2023 elections, Erdoğan went on a spending spree to help consolidate his support. He repeatedly increased the...
How to Explain the Consumption Frenzy in Crisis-ridden Turkey
‘Despite the deterioration in macro-economic outlook, the extraordinary increase in demand, created by inflation, prevents growth from...