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/ OPINION/ EMRE DELİVELİ
Tuesday, September 13 2011 , Your time is 15:58:00
I arrived in Washington D.C. on the evening of April 13 for the 2015 Spring Meetings of the World Bank Group and the International Monetary Fund.
I was one of the panelists at the conference on inflation dynamics in Turkey organized by Koç University’s Economic Research Forum and the Turkish Industry and Business Association (TÜSİAD) on April 10.
President Recep Tayyip Erdoğan claimed on March 24 that Turkey’s Gross Domestic Product (GDP) per capita would surge from $11,000 to $25,000 by 2023 if the country swiftly adopted the presidential system.
My friend and unofficial editor Esther, who was taken from her family and friends exactly a year ago, was half-Jewish. I would like to remember her, while at the same time celebrate Passover and Easter, by carrying an old tradition to my column.
The title could have confused anyone following Turkish data. After all, at 2.6 percent annually, growth for the fourth quarter of 2014, which was released on March 31, came in significantly higher than expectations of 2.1 percent.
The answer comes from a new paper by Sergei Guriev and Daniel Treisman, who developed an informational theory of 'new forms of dictatorship based on manipulating information rather than mass violence.'
The Turkish economy is doing well. There is a tiny bit of volatility in the exchange rate. I believe that interest rates need to fall. Investors and entrepreneurs are doing well. And they should so that shopkeepers can continue to earn money.
Now that the lira and other emerging market (EM) currencies have somewhat stabilized, at least for the moment, it may be useful to try to understand why some underperformed, while others overperformed, peers.
In a speech in the western province of Balıkesir on March 15, President Recep Tayyip Erdoğan made yet another controversial remark by stating that he wanted to run Turkey like a corporation.
Governor Erdem Başçı and economy tsar Ali Babacan paid a visit to President Recep Tayyip Erdoğan and his top economic advisers on March 11 to discuss the supposedly-independent Central Bank’s monetary policy
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