Turkey is going through unprecedented days. At the beginning of December, while the exchange rate increased without any apparent barrier, the government raised the minimum wage by 50 percent. According to the Turkish Statistical Institute (TÜİK), the annual increase in the consumer price index (CPI) was only 21 percent, and opposition parties were demanding an

The deficit and the Resource Curse The cost of extraction and the annual potential production level of 320 billion m3 natural gas recently discovered in the Black Sea have not been clarified yet. But it’s understood that this discovery will provide a substantial resource for the Turkish economy. And upon the discovery of this natural

The Covid-19 pandemic has a growing negative impact on economies all around the world. In an earlier study, we estimated the possible output and employment effects of the Covid-19 pandemic in Turkey. Our predictions, based on an analysis using the 2012 IO table and the 2017 output and employment data, suggested that the non-agricultural labor