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Convergence of Monetary Orthodoxy and Structural Transformation in Türkiye

Turkey stands at a crossroads that will define its economic trajectory for the decade to come. While the country has made remarkable...

Doruk Ünal

4 days ago14 min read

Global Debt Nears 100% of GDP: Is a New Sovereign-Debt Crisis Inevitable?

A Rapid Surge in Global Debt Global Debt at Historic Highs: Public debt worldwide is climbing at an alarming pace. The International...

Doruk Ünal

Jun 2220 min read

The Architecture of Ultra-Wealth

Explore how Elon Musk, Alex Karp, and other global elites accumulate and sustain immense wealth through strategic financial engineering, political influence, and exclusive networks. Discover the mechanisms driving unprecedented wealth concentration and their implications for democratic governance and economic mobility.

Haru Nakamura

Jun 88 min read

Global economic map with U.S. dollar at the center representing reserve currency dominance

The Future of the Dollar as Reserve Currency

The U.S. dollar, long established as the world's dominant reserve currency since Bretton Woods, underpins global trade, investment, and economic stability. Despite emerging challenges from BRICS, de-dollarization efforts, and rising fiscal concerns, the dollar’s liquidity, institutional trust, and network effects continue to anchor its supremacy, at least for now.

Do Thanh Ha Linh

May 279 min read

Global Trade Growth vs. GDP Chart “Line chart showing global trade growth (2.3% annually) versus global GDP growth (2.5% annually) projected through 2031.” FDI Shift Map “World map highlighting decreased U.S. FDI from China and increased investment flows toward Mexico, India, and European manufacturing hubs.” ASEAN–China Trade Growth Bar Graph “Bar graph illustrating projected $438 billion increase in ASEAN trade with China compared to other interregional flows.” Tesla Mexico Investment Photo “Aerial view of Tesla’s under-construction $15 billion manufacturing plant in northern Mexico.” World Bank Logistics Performance Index Table “Table excerpt showing Mexico’s Logistics Performance Index ranking drop from 51st (2018) to 66th (2023).” Infrastructure Deficit Infographic “Infographic depicting ASEAN’s $2.8 trillion infrastructure funding gap through 2030.” Intraregional Trade Share Chart “Pie charts comparing global intraregional trade share in 2012 (47%) and 2019 (50%).” Industr

The Great Economic Realignment: How $10 Trillion in Trade Flows Are Reshaping Global Commerce

An in-depth analysis of the most significant supply chain transformation since the end of the Cold War. This article examines the shift from cost-driven hyper-globalization toward “supply chain sovereignty,” highlights winners and losers—including ASEAN and Mexico—assesses infrastructure challenges, and explores how industrial policy, technology, and sustainability will shape the new economic geography.

Doruk Ünal

May 225 min read

Turkey's Labor Market Crisis: Unemployment Challenges in a Growing Economy

Despite modest GDP growth in early 2025, Turkey faces a striking labor-market paradox: official unemployment has fallen to 7.9%, yet the broader rate, including discouraged and underemployed workers, remains at 28.4%. This disconnect reveals deep structural gaps in job creation and regional, demographic, and educational disparities that policymakers must urgently address.

Doruk Ünal

May 196 min read

Figure 1 – Chega leader André Ventura’s social-media post wishing France’s National Rally success, illustrating cross-border nationalist solidarity. Figure 2 – Infographic showing Europe’s right-wing nationalist parties and the network of mutual endorsements among them. Figure 3 – BBC graphic comparing far-right electoral support by country across Europe during 2024-25. Figure 4 – International Bar Association chart tracking the vote-share rise of nationalist parties in recent European elections. Figure 5 – Italian Prime Minister Giorgia Meloni shaking hands with former U.S. President Donald Trump at the White House in 2025.

The Rise of International Nationalism

Europe’s new wave of right-wing parties from Meloni’s Brothers of Italy to Germany’s AfD are forging an “international nationalism” that crosses borders while resisting mass immigration and EU bureaucracy. This article maps their shared agenda, key differences, and Türkiye’s parallel rise of secular Turkish nationalism.

Muharrem Ercan Yüksel

May 176 min read

Türkiye’s 2053 Net-Zero Commitment in Global Context

Türkiye aims to reach net-zero emissions by 2053, aligning with global climate goals. This article maps the policy journey, sector-specific transition levers, investment hurdles and geopolitical risks that will decide whether the pledge becomes reality.

Joint Article

May 1115 min read

Turkey's Path to Energy Independence

Turkey stands at a critical crossroads in its energy future. With 75% of its energy needs imported at a cost of $40-45 billion annually, the nation's renewable energy transition has become an economic imperative, not merely an environmental aspiration. Despite making remarkable progress with renewables now representing 54% of installed electricity generation capacity Turkey faces the challenge of reducing its coal dependency while continuing to expand its rapidly growing sola

Doruk Ünal

May 76 min read

Trump’s Impact on US-NATO Relations

Trump’s blunt warnings about NATO burden‑sharing jolted Europe—even before Russia’s invasion of Ukraine. We track the quotes, the 2 % rule, and what a second Trump term could mean for the alliance.

Muharrem Ercan Yüksel

May 54 min read

This comprehensive article examines the complex relationship between religion and politics in Turkey from the Ottoman period through present day. The text analyzes Turkey's transition from Atatürk's strict secularism to the AKP's conservative democratic model under Erdoğan. Key visualizations include: (1) Regional Political Support charts showing stark east-west divides, with western regions (Marmara/Aegean) supporting secular CHP (60-67%) while eastern/central regions favor conservative AKP/MHP (73-78%); (2) Religious Practice Metrics revealing higher mosque attendance and prayer in central/eastern regions (70-80%) compared to western regions (40-50%); (3) Generational data showing younger Turks (15-29) are less religious (56% strongly religious) than older generations (67%); and (4) Historical trends including a dramatic decline in support for Sharia law from 10% in 2012 to just 1% in 2019. The article details how the Diyanet budget has increased 150% (to 91.8 billion TL in 2024), re

Religious Politics in Secular Türkiye: The Influence of Islam on Governance and Society

Turkey presents a unique case study in religion-politics relations. Though officially secular since 1923, the nation continues to negotiate between secular governance and Islamic identity. Regional differences reveal this tension: western coastal provinces strongly support secular parties while central/eastern regions demonstrate higher religiosity. Rather than simple secularization or Islamization, Turkey's story shows the complex balance between constitutional secularism an

Doruk Ünal

May 116 min read

Analysis of European Union Structure

Analysis of European Union Structure The European Union (EU) represents one of the most complex political and economic partnerships in...

Diana Amondi

Apr 274 min read

Capital Mobility and Culture: Beyond Economic Rationality

Capital in Turkey isn’t just cash chasing returns, it moves through hometown ties, faith, and collective memory. Anatolian Tigers build firms on solidarity and “helal” legitimacy, while Marmara’s business elite lean on secular, global norms. From Polanyi’s embedded markets to North’s path-dependence, the essay shows how culture, trust, and social capital redirect investment, reshape profit, and redefine legitimacy in Turkey’s evolving economy.

Buğra Veysel Kolcu

Apr 274 min read