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What do the developments in China tell us?

Chinese no longer depend on their “cheaper manufacturing” motto. Although digital transformation is pretty effective in terms of bringing more value added, conventional manufacturing will suffer a lot during this

About Inflation and Exchange Rates

Now, I’m going to attempt to comment on two issues above by establishing a connection among the latest developments even though they seem rather uncorrelated with each other. First of

The truth I bore witness to in 2018…

Yesterday, I finished writing a chronological reporting listing the key events of 2018. Things I wrote brought me to the following conclusion:Turkish economy is currently sustained by 14-15 thousand strong

Global trade outlook in 2019

Can Fuat Gürlesel, one of the advisors to Turkish Exporters’ Assembly (TIM) and I meet at least once a month to discuss the latest developments in World Trade. In his

The importance of minimum wage

Minimum wage debates marked yesterday’s agenda. “Minimum wage limit”, an undeniable fact of life, holds big significance for Turkey. Let me tell you why. According to research conducted by a

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