Monthly Archives: April 2013

Dichotomy Between Hard and Soft Data

In its recent publications, Central Bank of Turkey (CBT) has been stating that 1q13 economic activity suggested a marked recovery in domestic demand, stemming from the modest rise in consumption and considerable expansion in investment. Bank also claimed that the recovery is continuing in the second 2q13. Central Bank’s optimistic assessment regarding the pace of […]

Observations on IMF’s Turkey Estimates

I have always found the IMF reports on Turkey interesting: With a focus on long-term sustainability, the reports are good reminder of what the financial markets might overlook. Because they draw a solid framework on the problems of the Turkish economy, they help to put things into perspective for the financial and real sector professionals […]

Potential Growth Perspective on Settlement

‘Cautious optimism’ seems to be the most popular word nowadays in Turkey. Now that politicians seem to be closer to allow peace to settle in the South East of Turkey, everybody is trying to understand what kind of changes the Country will go through after 30-year of chaos in the South Eastern Region. The debate […]

IS THE IMPORTANCE OF LABOR STATISTICS RISING IN TURKEY?

Policymakers, especially the Central Banks, generally take into account the price stability while setting policy. Employment and unemployment are only the part of reference set of policy frameworks. But, there is a new noteworthy trend in policymakers’ decision making practices, which was primarily realized by the US Federal Reserve (FED). Labor market conditions and policies […]

Updated Forecasts and Numbers After 4q12 GDP Numbers