Categories Güldem Atabay HIGHLIGHTS Growth, inflation and now the Medium Term Program: The economic picture of 2025 has become clear Güldem AtabayPosted on6 September, 2024 Last week was pivotal for the Turkish economy. First, second-quarter growth data was released, revealing … Continue ReadingGrowth, inflation and now the Medium Term Program: The economic picture of 2025 has become clear
Categories Economy Güldem Atabay HIGHLIGHTS Güldem Atabay: Inflation- the good, bad, ugly Güldem AtabayPosted on3 September, 2024 The annual inflation rate has dropped from 62% to 52%, largely due to a significant … Continue ReadingGüldem Atabay: Inflation- the good, bad, ugly
Categories Güldem Atabay HIGHLIGHTS Güldem Atabay: Simsek’s disappointing Austerity Package and the problem of public policy building capacity Güldem AtabayPosted on13 May, 202413 May, 2024 Nearly a year has elapsed since Mehmet Şimşek assumed office as Finance Minister. Throughout this … Continue ReadingGüldem Atabay: Simsek’s disappointing Austerity Package and the problem of public policy building capacity
Categories Atilla Yeşilada General Güldem Atabay HIGHLIGHTS Video panel: Turkey’s Local Elections: Outcome and Implications Atilla YeşiladaPosted on4 April, 2024 In May 2023, Turkey held its national elections, where Recep Tayyip Erdogan secured a third … Continue ReadingVideo panel: Turkey’s Local Elections: Outcome and Implications
Categories Finance Güldem Atabay HIGHLIGHTS Guldem Atabay: Will CB rate hike attract foreign investment? Is dollarization over? Atilla YeşiladaPosted on24 March, 202425 March, 2024 Foreign investors’ interest in Turkish financial markets remains high, as judged by comments in global … Continue ReadingGuldem Atabay: Will CB rate hike attract foreign investment? Is dollarization over?
Categories Economy Finance Güldem Atabay HIGHLIGHTS Turkey’s central bank shows muscle with 500 bps rate hike: What’s next from here? Güldem AtabayPosted on21 March, 202421 March, 2024 The Monetary Policy Committee (MPC) of the Central Bank of the Republic of Turkey (CBRT) … Continue ReadingTurkey’s central bank shows muscle with 500 bps rate hike: What’s next from here?
Categories Güldem Atabay HIGHLIGHTS Güldem Atabay: Growth has strengthened, why inflation won’t fall Güldem AtabayPosted on29 February, 2024 The Turkish economy’s relentless battle between growth and inflation continues. Let us first go through … Continue ReadingGüldem Atabay: Growth has strengthened, why inflation won’t fall
Categories Business Economy Güldem Atabay HIGHLIGHTS Guldem Atabay: Consumer confidence is down, but alarming signs of another recovery in domestic demand Atilla YeşiladaPosted on26 February, 2024 There is a surprise improvement in domestic and external demand conditions, but consumer confidence is … Continue ReadingGuldem Atabay: Consumer confidence is down, but alarming signs of another recovery in domestic demand
Categories Economy Güldem Atabay HIGHLIGHTS Güldem Atabay: January budget deficit explodes, election economy to trigger rate hikes Atilla YeşiladaPosted on8 February, 2024 Erdogan is opening the budgetary floodgates wide to win end-March municipal elections. The January 2024 … Continue ReadingGüldem Atabay: January budget deficit explodes, election economy to trigger rate hikes
Categories Columnists Güldem Atabay HIGHLIGHTS Guldem Atabay: Turkey’s central bank completes the hiking cycle, what now for the rest of 2024? Güldem AtabayPosted on25 January, 202425 January, 2024 The Monetary Policy Committee (MPC) raised the policy rate (one-week repo auction rate) from 42.5 … Continue ReadingGuldem Atabay: Turkey’s central bank completes the hiking cycle, what now for the rest of 2024?
Categories Güldem Atabay HIGHLIGHTS Record high budget deficit in December shifts focus back to new inflation spike Güldem AtabayPosted on15 January, 202415 January, 2024 The central government budget balance, which posted a deficit of 75.6 billion liras in November, … Continue ReadingRecord high budget deficit in December shifts focus back to new inflation spike
Categories Güldem Atabay HIGHLIGHTS Güldem Atabay: Where do Turkey’s central bank, hot money and inflation go from here? Güldem AtabayPosted on21 December, 202324 December, 2023 The Monetary Policy Committee (MPC) narrowed the pace of interest rate hikes from 500 basis … Continue ReadingGüldem Atabay: Where do Turkey’s central bank, hot money and inflation go from here?
Categories Economy Güldem Atabay HIGHLIGHTS Guldem Atabay: Turkey continued to experience strong growth driven by domestic demand 3Q23: Slowdown to follow in 2024 Güldem AtabayPosted on30 November, 202330 November, 2023 As per the data provided by the Turkish Statistical Institute (TÜİK), the Turkish economy grew … Continue ReadingGuldem Atabay: Turkey continued to experience strong growth driven by domestic demand 3Q23: Slowdown to follow in 2024
Categories Güldem Atabay HIGHLIGHTS Politics Guldem Atabay: US serious about Russia – Hamas sanctions, what will Turkey do? Atilla YeşiladaPosted on27 November, 2023 According to Bloomberg, U.S. Treasury Department Undersecretary for Terrorism and Financial Intelligence Brian Nelson will … Continue ReadingGuldem Atabay: US serious about Russia – Hamas sanctions, what will Turkey do?
Categories Güldem Atabay HIGHLIGHTS Politics ANALYSIS: Can Ozel deliver Istanbul to CHP once again? Atilla YeşiladaPosted on6 November, 2023 The İmamoğlu-Özel era certainly increases CHP’s chances in local elections, at least in Istanbul, where … Continue ReadingANALYSIS: Can Ozel deliver Istanbul to CHP once again?
Categories Economy Güldem Atabay HIGHLIGHTS Guldem Atabay commentary: Base effect in inflation is over, tax hikes and depreciation signal a new leg up Atilla YeşiladaPosted on3 August, 2023 The highly anticipated July CPI inflation was reported at 9.49% according to TUIK; and 13.2% … Continue ReadingGuldem Atabay commentary: Base effect in inflation is over, tax hikes and depreciation signal a new leg up
Categories Economy Güldem Atabay HIGHLIGHTS Guldem Atabay: Turkish economy until elections Atilla YeşiladaPosted on29 January, 2023 AKP’s economic management will firmly stick to the path it calls the “New Economy Model” … Continue ReadingGuldem Atabay: Turkish economy until elections
Categories Business Güldem Atabay ANALYSIS: The 2022 budget is the last stronghold of economic prudence Atilla YeşiladaPosted on17 January, 202317 January, 2023 According to the data of the Ministry of Treasury and Finance, the budget deficit was … Continue ReadingANALYSIS: The 2022 budget is the last stronghold of economic prudence
Categories Economy Güldem Atabay HIGHLIGHTS Atabay: ‘Erdoganomics’ Is The Reason for Lira Losing Ground – Bloomberg Video Güldem AtabayPosted on29 November, 202129 November, 2021 Guldem Atabay, economist at Global Source Turkey and PATurkey columnist, discusses the sharp slump in … Continue ReadingAtabay: ‘Erdoganomics’ Is The Reason for Lira Losing Ground – Bloomberg Video
Categories Economy Güldem Atabay HIGHLIGHTS Shockingly “bold” rate cut and now what for TL? Güldem AtabayPosted on21 October, 2021 Turkey’s central bank cut the benchmark interest rate by 2 percentage points to 16% at … Continue ReadingShockingly “bold” rate cut and now what for TL?