Throughout the world, people are struggling to assess the consequences of the Covid-19 pandemic. From an economic perspective, most experts agree the crisis will have lasting negative effects. At the same time, the crisis has triggered some good news and a much-needed wake-up call as well.Let’s take a look.A simple GDP calculation tells us that
Why does Turkish President Tayyip Erdoğan has been targeting local administrations of the big cities so harshly? I can guess that you can count some reasons from not being able to control municipal revenues any longer to transfer those revenues to the potential vote base of the Justice and Development Party (AKP) in form of
Yes, April 22 is Earth Day! We are celebrating the day’s fiftieth anniversary! So how do we celebrate this important day? It seems that in the shadow of the COVID-19 outbreak, we are celebrating quietly, in our homes. We cannot even go out into nature together. But truth be told, we deserved this situation; we
COVID-19 has quickly become a global pandemic. The virus does not travel, but people do. And the virus is spread through contact with contagious people. Therefore, many governments resort to social distancing measures and some apply regional lockdowns. However, a significant slow-down of economic and social activities all around the world causes significant hardship for
Devlet Bahçeli, leader of Turkey’s Nationalist Movement Party (MHP) always gets what he wants. No, I’m not only saying this because of the release of Alaattin Çakıcı, an organized crime leader from jail in the framework of the partial coronavirus amnesty. Nor am I saying this because of the role Bahçeli played in rejecting Interior
In my earlier piece, I had mentioned our ongoing research that investigates the economic costs of delaying a full lockdown . In this piece, I would like to share the preliminary results from that research that explores the effects of COVID-19 on the Turkish economy and proposes policy recommendations. In addition to myself, the research
Columnist Uğur Gürses has discussed in an article at Duvar English the state of the Turkish economy at the start of the Covid-19 outbreak. “Turkey was caught with the coronavirus outbreak at a time when it was weak structurally. Just like in the Covid-19 epidemic, the underlying disease story is the story of those problems