The Daily News is reporting an EU study that finds that Turkey is increasing its trade relations with the East. I have not read the article (or plan to read it, given I am already way behind in readings), but one small comment I will make is that much of that is a "crisis effect" rather than a structural shift...
Turkey supposedly back on the radar for foreign investors.
Agricultural exports on the rise: The fact that revenues is up while tonnage exported is the same (compared to last year) means that there is a shift of products exported and/or prices are on the rise.
According to a recent poll, Turks travel less than peers and spend less when they travel. But the problem is that the peers are not peers; the survey seems to have been mainly conducted in developed countries. I would be curious to see how Turkey fares against its real peers in the middle-income category.
Last but not the least, here's what your friendly neighborhood economist has to say for this week. Since there were a lot of columns today, my piece got pushed from the main and Economics pages to the op-ed section, so it is tough to find on the paper's page. And of course, I will post it to the blog later on. Finally, I need to figure out why the hyperlinks got erased; I swear they were there in the morning...
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