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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


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


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


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


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


California's Economy Surpasses Japan's to Become World's Fourth Largest Economy
California's economy has officially surpassed Japan's, making the Golden State the fourth largest economy in the world, according to...
Doruk Ünal
Apr 253 min read


How Political Polarization Makes You Poorer
Political polarization has become one of the defining features of modern democracies worldwide. From the United States to Turkey to...
Doruk Ünal
Apr 226 min read


Berlin's Block on the Sale of Fighter Jets to Türkiye (Eurofighter Typhoon)
Berlin’s decision to block the sale of 40 Eurofighter Typhoon jets to Türkiye, announced only weeks after the controversial arrest of...
Doruk Ünal
Apr 204 min read


How the AfD Rose and Why It Leads in the East
In barely a dozen years the Alternative für Deutschland (AfD) has moved from a single‑issue euro‑sceptic start‑up to the second‑strongest...
Doruk Ünal
Apr 186 min read


Is universal basic income (UBI) a viable solution to inequality in the 21st century?
This essay examines the theoretical background, practical application, and long-term viability of Universal Basic Income (UBI) through...
Jeremy Cheung
Apr 188 min read


An In-Depth Analysis of the Cobweb Theory
Understanding the underlying mechanisms behind market fluctuations and imbalances is central to macroeconomic analysis. In this piece, we...
Hacı Utku Aydın
Apr 143 min read


Can Javier Milei Fix Argentina's Economy?
Argentina has been a case study of economic volatility for decades, defaulting on debt, suffering runaway inflation and battling poverty...
Kerem Süloğlu
Apr 145 min read
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