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Erdal Tanas Karagöl

Erdal Tanas Karagöl

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Is a new global payment system possible?

The U.S. is using the economic order and financial architecture it established after World War II to economically dominate the world and, since the election of Donald Trump as president, it continues to use its economic and political power to threate... more

Lessons to learn from the economic war

The Gezi Park events, the Dec. 17-25 judicial coup in 2013, the July 15 coup attempt in 2016 and the latest attack on the economy through the exchange rate, which Turkey has encountered in the last few years, show that the economic war is continuing.... more

Turkey's economic war

Turkey, which is a strong regional actor and is gaining importance in the energy equation with each passing day, has also become an important nation on a global scale.In order to overcome threats and the operation Turkey is faced with through exchang... more

The impact of the sanctions on Iran

The implementation of U.S. sanctions on Iran is causing a great social unrest in the Iranian economy, especially the increase in exchange rates and the cost of living.On the other hand, the recent tension between Iran and the United States has become... more

The agenda of G20 countries and trade wars

As trade wars continue to be a hot topic of the world, it once again became the main issue during G20 meetings held in Argentinian capital Buenos Aires, with the participation of Treasury and Finance ministers and Central Bank governors.Despite the... more

New actor in the Eastern Mediterranean energy equation: Egypt

In recent years, the Eastern Mediterranean basin came to the fore with the discovery of wide hydrocarbon fields, and now it has once again become a hot topic with the discovery of an important natural gas field in Egypt in the last few weeks.Developm... more

The course of trade wars

The United States, which has one of the world's largest economy and is one of the most important actors of global trade, mobilized both its own trade partners and global economic dynamics with the decision to introduce additional 25 percent and 10 pe... more

TANAP gas on the way

The Trans Anatolian Natural Gas Pipeline Project (TANAP), of which the foundation was laid in the Selim district of the Kars province in 2015, is to be inaugurated on June 12.TANAP has the feature of being one of the most important energy projects be... more

Economy in election manifestos

As the June 24 elections loom, political parties are continuing to announce their election manifestos. The manifestos are required to not only be related to the pledges of presidential candidates, or in other words, to items of expense.In the manifes... more

The Central Bank’s interest decision

The Central Bank Monetary Policy Committee announced its interest decision yesterday. The Central Bank increased the Late Liquidity Window Interest Rate, which it has been using recently, from 12.75 percent to 13.50 percent.The motivation behind this... more

The world’s fastest growing country is Turkey

Today is an important day when the growth rates of Turkey are announced. As I was writing these lines, Turkey’s growth rate for the fourth quarter of 2017 and its annual growth rates were not yet announced.Even though it is difficult to make estimati... more

The future is in energy

I will discuss the “Turkey Development Summit” organized yesterday by the International Development Association and Ankara Yıldırım Bayazıt University. Such summits would be organized in the past by public institutes and organizations. Now they ar... more


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