Dilemmas and Trilemmas of Turkish Policies in the QE Era

Dilemmas and Trilemmas of Turkish Policies in the QE Era

Introduction Following every round of quantitative easing (QE) by the US Federal reserve, the Brazilian finance minister Guido Mantega, has warned of trade and currency...

Are Derivatives the Source Of 2008 Global Crisis?

Are Derivatives the Source Of 2008 Global Crisis?

Abstract Derivative instruments, which originated for hedging purposes at the beginning, have gained further popularity with the usage of them as financial leverage. Rather than...

Spatial Transformations in Istanbul

Spatial Transformations in Istanbul

In the spring of 2011 Turkish Prime-Minister Erdoğan organised a press conference and announced with – even to his standards – exceptional bombast his personal...