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Guest column, on party economic programs
Not that it matters (Sunday’s Turkish elections already have a winner, although the AKP’s win margin is going to be quite important in terms of the post-elections economic and political landscape), but below is the promised guest column from my friend Ozlem Derici at Erste Securities on the three main parties’ economic programs. I have [...]
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Yet Another Addendum to This Week’s Column: An Economist Supports the Economist!
I still have a few things to add to this week’s Hurriyet column, which also appeared at the blog. First and foremost,venerable polling firm KONDA revealed its latest poll today (actually it was supposed to be revealed tomorrow, but it seems to have been leaked through one of their customers): June 11 May 11 Difference [...]
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Another Decent Performance
I will be posting yet another addendum to this week’s Daily News column soon, but first, let me go over the column’s performance. I managed to hit number two in terms of overall popularity…. …and number four in terms of comments received. So a silver an an almost-made-it-to-the-podium… Not a bad week, I would say:)
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New Turkish Government Game: IMF-Bashing
I was planning to write on this last week, but better late than ever: Just before they started bashing the Economist, the government, or at least Econ tzar Babacan, did a small IMF-bashing late last week: First, Erdal Saglam, one of the most “connected”, if not best, economics /business journalists in Turkey wrote in a [...]
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Addendum to Hurriyet column: An economist supports the Economist!
The government opened fire on the Economist article that inspired my latest Hurriyet column soon after it began circulating in cyberspace. First, it was Egemen Bagis, Turkey’s Minister for EU Affairs and Chief Negotiator, who boldy stated at his Twitter account that the article had been ordered from Turkey. Then, PM Erdogan called the magazine [...]
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Weekly Hurriyet column: An economist supports the Economist!
Below is my Hurriyet Daily News & Economic Review column for this week, which you can also read at the Daily News website. There have been interesting developments over the weekend, such as strong government reactions to the Economist article, so I plan to do an addendum sometime today. So without further delay, on to [...]
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Another addendum to this week’s Hurriyet column
It turns out some recent developments forced me to do another addendum to this week’s Hurriyet column, which appeared at my blog as well. Two big themes of the column, although I did not explicitly mention either, is 1. The CBT is not doing a great job with communication, to say the very least. 2. [...]
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Four key points from yesterday’s (Turkish) May inflation
As you probably know, May inflation turned out to be much higher than expectations. Have a look at the note by RBS’s Tim Ash if you want the full details, but I will just mention four key points from yesterday’s release: I. CPI and PPI were out of whack for some time. Well, no more: [...]
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Working, working…
The Central Bank of Turkey’s policies, that is… The April trade deficit, at USD 9.1bn, was significantly lower than expectations of around USD 10bn, on the back of both stronger-than-expected exports and especially lower-than-expected imports: So are the Central Bank’s policies starting to work their magic? Maybe, but it is too early to say. After [...]
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Addendum to Hurriyet column: Job application to Central Bank of Turkey
Before I get to the more serious stuff, I should tell you that, commenting on my column at the Daily News website, two readers invited me to work for the government. I sincerely thank them for the kind words & compliments, but I doubt the current government would want to have me:). I know several [...]
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Thomas Grennes
Thoughts From Across the Atlantic
Thomas Grennes is a professor of economics at the North Carolina State University and a former visiting faculty member at the Stockholm School of Economics in Riga. His research has dealt with various aspects of international economics, including open economy macroeconomics, international finance, and international trade in agricultural products. Recent research topics have included macroeconomic aspects of the Great Moderation, offshore outsourcing, sovereign wealth funds, and the relationship between government debt and economic growth. Earlier work dealt with emerging market issues in the Baltic countries and Russia and trade and macro policies in Sub-Saharan Africa. Economic history topics include the Columbian Exchange of plants and animals, the effects on food markets of introducing mechanical refrigeration, and the integration of Tsarist Russia into the world grain market. When he is not involved in economics, he enjoys mountain hiking.
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