Sub Categories: » HOMEPAGE / OPINION/ ERDAL SAĞLAM
Tuesday, September 13 2011 , Your time is 15:58:00
In recent days, we have often been hearing ministers say, “We’ll give importance to innovation and research and development in the upcoming period.” In fact, this was being discussed for a while now but not much of a progress has been made in these areas.
We have learnt that Prime Minister Binali Yıldırım will announce the “attraction centers” program, including new economic incentives, this week.
The government has recently been holding a series of meetings with foreign investors in a bid to recover Turkey’s deteriorated perception.
The economic bill of the crisis between Turkey and Germany would be much costly than expected. I believe it is more accurate to see Germany not just as a country with which we have close economic relations but also an influential actor in the European Union and even in the Western Alliance
The long awaited cabinet reshuffle has finally occurred on July 19
A year has passed since the July 15, 2016, coup attempt, and we have gone through the last week in a consciously created demagogic climate
Data on May’s industrial production, announced on July 10, came in far below expectations. But it looks like the markets are not demoralized and are continuing to believe that growth figures will be high
Inflation figures for June were better than expected and annual inflation rate went down to under 11 percent. While the decline is expected to continue in July too, the possibility of annual inflation going back to a one-digit figure is also cited
Together with the expectation of a change in the cabinet, the bureaucracy in Ankara seems to have put everything on hold. One can particularly observe the rise of complaints from big private sector companies that “things have not been working in the bureaucracy for a long time.”
On one hand, there is the increase in economic fragility; on the other, there is the presidential election to be held based on the new administrative system. The government will have to decide on its economy policy amid this controversy.
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