Kategori arşivi: English

Ankara goes on risky quest to cut interest rates (Al Monitor, July 11, 2019)

Mustafa Sönmez tarafından 13 Temmuz 2019 tarihinde gönderildi

In a memorable interview in May 2018, Turkish President Recep Tayyip Erdogan advocated low interest rates as a way to reduce inflation, defying conventional economic theory. “When we look at the cause and effect relationship, interest rates are the cause and inflation is … Okumaya devam et →

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Ankara’s economic tasks grow tougher after election rout (Al Monitor, June 27, 2019)

Mustafa Sönmez tarafından 28 Haziran 2019 tarihinde gönderildi

The June 23 rerun of the mayoral election in Istanbul ended in a big debacle for the ruling Justice and Development Party (AKP). Ekrem Imamoglu of the main opposition Republican People’s Party (CHP), who ran for the CHP-led Nation’s Alliance, … Okumaya devam et →

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Turkey’s car-making sector sputters amid economic downturn(Al-Monitor, June 20,2019)

Mustafa Sönmez tarafından 22 Haziran 2019 tarihinde gönderildi

The automotive industry has been a major leg in the economic growth model of Turkey’s ruling Justice and Development Party (AKP), which has relied heavily on foreign funds, while encouraging production focused on the domestic market and consumption. Now that … Okumaya devam et →

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Voters’ economic confidence dips ahead of key Istanbul vote( Al-Monitor, May 31, 2019)

Mustafa Sönmez tarafından 10 Haziran 2019 tarihinde gönderildi

Turkey’s ruling Justice and Development Party (AKP) may have secured a rerun of Istanbul’s mayoral race to try to reverse its defeat in March, but it has had little to celebrate ahead of the critical vote, with economic woes sinking consumer confidence … Okumaya devam et →

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Turkey’s debt-ridden Treasury mulls risky steps to stay afloat (Al Monitor, May 22, 2019)

Mustafa Sönmez tarafından 23 Mayıs 2019 tarihinde gönderildi

The two main actors in the economic crisis gripping Turkey are the central bank, which runs the state’s monetary policies, and the Treasury, which is in charge of fiscal policies. The central bank is ostensibly independent, while the Treasury is attached to Treasury and … Okumaya devam et →

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Istanbul election rerun brings Turkey fresh economic turmoil (Al Monitor, May 11, 2019)

Mustafa Sönmez tarafından 11 Mayıs 2019 tarihinde gönderildi

ARTICLE SUMMARYThe cancellation of the opposition victory in the mayoral race in Istanbul has raised the specter of more trouble for the Turkish economy, which is already grappling with recession and currency-related tumult. REUTERS/Murad SezerA mayoral election banner with the pictures … Okumaya devam et →

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Losses of Turkey’s construction sector foisted on taxpayers (Al Monitor, May 6, 2019)

Mustafa Sönmez tarafından 09 Mayıs 2019 tarihinde gönderildi

In times of economic crisis, the cost of recovery is often borne by taxpayers at the end of the day. Turkish taxpayers, who are no stranger to such injustice, are made to shoulder the burden again as Ankara scrambles to contain … Okumaya devam et →

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As food prices soar, Ankara wobbles on solution (Al Monitor, April 26, 2019)

Mustafa Sönmez tarafından 29 Nisan 2019 tarihinde gönderildi

As we all know, if the first button of a shirt is fastened wrong, all the other buttons go wrong. Turkey, which used to be self-sufficient in food and free of a food security problem, has been grappling with alarming agricultural … Okumaya devam et →

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University graduates swell Turkey’s army of jobless (Al Monitor, April 17, 2019)

Mustafa Sönmez tarafından 21 Nisan 2019 tarihinde gönderildi

Mounting unemployment has emerged as the most poignant aspect of Turkey’s economic crisis, which the International Monetary Fund expects to result in a 2.5% contraction this year. The number of jobless reached nearly 4.7 million in January, rising by more than 1.2 … Okumaya devam et →

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The economic balance sheet of Turkey’s local elections(Al Monitor, April 5, 2019)

Mustafa Sönmez tarafından 06 Nisan 2019 tarihinde gönderildi

The ruling Justice and Development Party’s loss of big cities in Turkey’s local elections comes with important economic repercussions for the party, known as the AKP. The loss has stymied patronage networks that have been highly instrumental in expanding the party’s voter … Okumaya devam et →

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