I was at a meeting on the Dead Sea, Jordan this week. The meeting was between the Palestinians, Israelis, Turks, Jordanians, Egyptians and the Americans looking for economic cooperation possibilities in our complicated region.
Those words were uttered during the ceremony to lay the foundations of the third bridge over the Bosphorus.
The population of Jordan is less than 7 million, in comparison to Turkey’s more than 70 million.
Looking for a positive figure on the Turkish economy? Foreign Direct Investment (FDI) figures might help.
Remember the famous mathematical formula for corruption? You have three major variables: sum up monopoly power in decision making and discretionary powers.
What do coffeehouses and the Internet have in common? Both, believe it or not, are mediums of information exchange. What’s the problem with them?
The Turkish Statistical Institution released a survey late last year showing the country’s internet population is predominantly urban, male and western. 51% of the population has no access to the net.
We appear to be living in an age of current account reversals. Just have a look at the graph below, taken from a TEPAV study.
Tapering has revealed the vulnerability of the Turkish economy. What is Turkey’s problem? The current account deficit is going to be too high, the growth rate is going to be too low.
