2016

055 The Turkish economy: what will happen in 2016?

The future is the most difficult part of forecasting. An old joke, true as ever, especially in Turkey. Herewith an overview of some macro-economic developments in 2015 and my (partly) personal predictions for 2016. And some observations on the structural road ahead. Summary/base scenario: Turkey is set to become one of the five largest economies […]

bosphorus

020. About the Bosporus

Mid November is the annual Istanbul Marathon. Its main attraction is running from Asia to Europe, across the “first” bridge, high above the Bosporus. This year I joined 10,000’s runners. After the bridge the sign “welcome to Europe” greeted us. The Bosporus is quite a waterway: romantically beautiful, with spectacular houses and castles on its […]