Independent and cutting-edge analysis on global affairs

Two important developments are affecting all world economies today: rapid advances in technologies and globalization. Both of these developments provide great opportunities for middle-income countries, like Turkey, but also present some pitfalls. Those with skilled work forces, those that encourage foreign direct investment and above all those that provide a good institutional environment for new businesses to flourish can take advantage of these developments and quickly advance from being a middle income country to being a high income country. Those that fail in this endeavor may see themselves sliding down in the ranks...Please click here to read the text in full.
 

CONTRIBUTOR
Daron Acemoğlu
Daron Acemoğlu
The Premium Corporate Sponsor of TPQ
Yapı Kredi
Foreword After the violent dissolution of the former Yugoslavia in the 1990s, there had been a shared sense of hope for a more peaceful future for the European continent. Unfortunately, this comfortability disappeared after Russian President Vladimir Putin ordered his troops to march against the Ukrainian forces throughout the border on 24 February 2022. This marked a turning point not only for the region...
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