How exactly can we draw the boundaries of institutional independence, and which acts by political actors could be interpreted as enchroacing upon those boundaries?

The business elite in TÜSİAD circles never saw the AK Party governments as a natural partner with whom they could forge a long-term and strategic developmental alliance.

Turkish economy is still in the process of rehabilitation from the structural damage of politically motivated judicial operations on Dec. 17 and Dec. 25 of last year against the incumbent AK Party government.

For emerging powers such as Turkey, the prospect of overcoming the "middle-income trap" is dependent upon developing a robust national base for research and development, innovation and technology transfer.

The presidential election, to be held this Sunday, will definitely serve as a milestone for the democratization and political stability of the country, which will inevitably shape various economic parameters in turn.

Whatever happens in the presidential elections and the general elections that will follow, the Turkish economy is robust against political uncertainties and international pressures.

Such a development will prevent the recurrence of current debates on the conduct of monetary policy and place it on a firm socio-political footing.

As we are at the first anniversary of the "Gezi Park" incidents that truly shocked the whole nation, it seems imperative to take stock of the critical 12 months that have elapsed since then from an economic perspective.

What are the main transmission channels between political uncertainty and economy? What are the common examples to the influence of political stability in the world economy? What have the results of the stability in Turkish economy been in the recent period?

Once again, Turkey is bracing itself for an extremely tense and contentious atmosphere of political debate as we approach what is undoubtedly the most critical municipal election in recent years.

Turkey successful combination of fiscal discipline and welfare policies yielded desired results. The next step forward requires more R&D spending

The high interest - low exchange rate method was employed in the past yet resulted in high current deficit which was later compensated by low economic growth.

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.

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.

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.