I consider myself quite lucky that I can travel to many countries throughout the year for business and pleasure. I had the chance to visit Athens after almost four years for a weekend and lately I was in Istanbul for a week. One of my latest observations is that emerging countries, such as Greece and…
In my third year in university in 2004, I followed the Economic Development course delivered by a very good professor, Elif Çepni, in Istanbul. I remember her telling us about the convergence in economies over time. The concept is pretty simple and logical. It is the hypothesis that the emerging market economies and developed market…
There is a FOMC meeting scheduled for next week and September, 17th is the date when Janet Yellen will hold a press conference. Everybody is waiting for that date in the financial sector as Janet Yellen will convey the decision on whether they will hike the interest rate or not. For those of you without a finance…