In order to maintain stability in influx and out flux of capital, investment fund inflows should be encouraged and precautionary measures should be taken for the outflows. The Istanbul Finance Center project will prevent the capital in and out fluxes to be a factor of instability.
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If one desires to strengthen meritocracy and quality, it is necessary to revise the entire legislation which was drafted with institutional bigotry by bureaucrats who were unable to be appointed although they wished for it.
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In brief, the critical issue in building a new system is not whether or not to have an entrance exam. What matters is creating a mechanism in which the entrance exam will be designed to select a limited number of students.
The events of July 3 represent nothing but pure political pornography. The sole truth and reality remains: Mohamed Morsi, the elected president of Egypt, lost his power to a military junta and its international solidarity networks.
This is a complex conflict; it is not simply black and white. In order to fully understand what is happening in Syria, every aspect of the conflict must be considered including the actors both inside and outside the state.
Croatia has officially become the 28th member state of the European Union on 1 July, 2013. Croatias membership to the European Union will probably pave the way for numerous political and economic developments and changes in the Balkans.
The AK Party, as the author of many firsts in the resolution of the Kurdish issue, has taken a huge lead over other parties.
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That Turkey has not signed a new stand-by agreement with the IMF does not necessarily mean that Turkey IMF relations have come to an end.
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In 2012 the government introduced numerous changes and established new mechanisms in order to reinforce the constitutional state, resolve judiciary issues, protect and improve human rights and finally strengthen democracy.
The economic transformation in the region will enable effective use of regional resources and ensure sustainable peace and environment of trust.
The dynamics of the current political climate in Turkey, which make impossible to create a new Constitution based on consensus among political parties, can be discussed under three headings.
The AK Party makes the understanding the pillar of its policy that the status quo which maintains no-solution as its foundation can no longer be maintained.
Legislation and judiciary in Turkey have served to safeguard interests of the state rather than protecting rights and freedoms of citizens.
Given the 2.6 percent growth rate in the first nine months of 2012, the Turkish economy must grow at more than 4 percent in the last quarter to achieve the expected 3.2 percent growth rate in 2012.
The military regime, after having kept its cool during the revolution and the parliamentary elections, went on the offensive right before the presidential elections and intervened in politics.
Turkey needs to draw lessons from the past and take necessary steps to facilitate the process.
Trade relations between Turkey and Russia indicate that divergence between these two countries regarding the resolution of the Syrian crisis has not deeply influenced the relations between the two.
During a period of crisis and uncertainty in the global markets, Turkey enjoyed both a balanced budget and a healthy environment for investment.
While Turkey witnessed a marked slowdown in consumption demand in the first quarter of 2012, primary data show signs of a moderate recovery and indicate that the steady increase in export will continue in the second quarter.