Governor Başçı Should Have Listened to Assoc. Prof. Başçı

Governor Başçı Should Have Listened to Assoc. Prof. Başçı

*Source: Ekonomiservisi.com © Governor Başçı Should Have Listened to Assoc. Prof. Başçı Dr. Erdem Başçı, a prominent economist, who has been serving as the Deputy Governor...

The Future May Not Be So Bright (Part 2)

The Future May Not Be So Bright (Part 2)

 The Future May Not Be So Bright (Part 2) Assume that the Turkish economy is an automobile. Consumers value two elements when buying a car:...

The Political Economy of Inequality, Redistribution, and the Protests in Turkey

The Political Economy of Inequality, Redistribution, and the Protests in Turkey

Gezi Park Resistance Article Series – No. 12 The Political Economy of Inequality, Redistribution, and the Protests in Turkey The obvious injustice and police brutality...

The Future May Not Be So Bright (Part 1)

The Future May Not Be So Bright (Part 1)

The Future May Not Be So Bright (Part 1) Stock prices and real-estate prices are rising, investment is raging in the economy, exports are increasing,...

Turkey’s Debt-Ridden Growth

Turkey’s Debt-Ridden Growth

Turkey’s Debt-Ridden Growth Over the last decade, as the “great moderation” found its passage onto the path of “great recession” it would not be a...

Two Tales in Post-Crisis Adjustment: Argentina and Turkey

Two Tales in Post-Crisis Adjustment: Argentina and Turkey

Two Tales in Post-Crisis Adjustment: Argentina and Turkey Introduction Two Latin American style economies, Argentina and Turkey, shared a common history until very recently.  This...

Dilemmas and Trilemmas of Turkish Policies in the QE Era

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...

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...

Recurrent Disappointment: Wage Inequality in Turkey

Recurrent Disappointment: Wage Inequality in Turkey

For many, the New Year bears hopeful prospects, but not for the Confederation of Revolutionary Trade Unions (DISK) in Turkey. Assuming the government would follow...