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Unemployment Rate

Dec 29, 2015 - Data - 0 Comments - Standard

Economists interpret the ups and downs of the unemployment rate of an economy not only in relation to the economic growth performance of that country but also as an important determinant of the balance of class power within that country.

GDP per Capita from a Comparative Perspective

Dec 29, 2015 - Data - 0 Comments - Standard

In this entry, we compare Turkey’s post-2005 growth performance with three other developing or “emerging” economies: Mexico, Indonesia, and Nigeria.

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Unemployment and GDP Growth Rates

Nov 18, 2015 - Data - 0 Comments - Standard

The growth rate of Gross Domestic Product (GDP) is the most frequently referred to indicator of the economic growth of an economy. As we have discussed elsewhere, GDP gives us the aggregated monetary value of all the final goods and services produced within the borders of that county in a given year. Accordingly, GDP growth […]

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What Gross Domestic Product Fails to Tell Us

Nov 18, 2015 - Narratives - 0 Comments - Standard

We have already discussed the trend of GDP in Turkey in various different entries. Many economists refer to GDP (total annual output produced within a country) as an important indicator of economic progress. But is it really?

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Gross Domestic Product (2002-2014)

Nov 18, 2015 - Data - 0 Comments - Standard

As we have discussed in an another entry, Gross Domestic Product is the name economists give to the aggregated market value of all the final goods and services a country produces within its borders within a calendar year. Economists also differentiate between nominal and real GDP. While nominal GDP presents the aggregate monetary value of […]

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Gross Domestic Product Per Capita (1998-2014)

Nov 04, 2015 - Data - 0 Comments - Standard

As we have discussed in an another entry, Gross Domestic Product is the name economists give to the aggregated market value of all the final goods and services a country produces within its borders within a calendar year. Economists also differentiate between nominal and real GDP. While nominal GDP presents the aggregate monetary value of […]

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Gross Domestic Product Growth Rate from a Historical Perspective

Nov 04, 2015 - Data - 0 Comments - Standard

One economic term that recurrently pops up in the media is Gross Domestic Product (GDP). What, then, is GDP? And what can we say about the economic performance of Turkey looking at the growth rate of her GDP? Gross Domestic Product is the name economists give to the aggregated monetary value of all the final […]

Development and Human Development Index

Jun 15, 2014 - Data - 0 Comments - Standard

In daily language, in newspapers and in blogs, and even in academic writing, there is a tendency to equate “development” with “economic growth”. 

Gini Coefficient and Income Distribution

Jun 13, 2014 - Data - 0 Comments - Standard

Earlier, in studying the aspects of income distribution, we have looked at income distribution across deciles and the difference between average and median household income. But one of the most frequently referred to incidators of income distribution is the Gini coefficient.

Average and Median Income

May 31, 2014 - Data - 0 Comments - Standard

There are many ways to gauge income inequality in a country. If one way is to divide the population into percentiles according to their income, another is to follow statistics such as Gini coefficient.

Tax Revenues from a Historical Perspective

May 24, 2014 - Data - 0 Comments - Standard

Starting with late 1990s, the composition of tax revenues of Turkey has transformed significantly, beginning to rely increasingly on indirect taxes.