Amit's Blog

Navigating the Straits: Turkey's Economic Journey and Strategic Ambitions Turkey's economy is currently undergoing a crucial period of transition, moving towards more orthodox macroeconomic policies to tackle its long-standing challenges of high inflation and currency volatility. After a turbulent two decades marked by both impressive growth spurts and recurring crises, the current government has embarked on a stabilization program featuring aggressive interest rate hikes and fiscal tightening. While this shift is showing early signs of success in bringing down inflation and narrowing the current account deficit, it comes at the cost of slower GDP growth in the near term. Beyond these immediate economic adjustments, Turkey faces the long-term structural challenges of an aging population, productivity concerns, and a persistent reliance on external financing. Simultaneously, its burgeoning defense industry is emerging as a significant pathway for both economic diversification ...

I wrote an earlier set of blogs that looked at the demographic cliff facing many countries and the impact it is already having. Those blogs dwelt mainly on the numbers and the consequences. I came across a set of videos from a Czech researcher that delves deeper into the history and the causes of these demographic changes. These are really good videos that I felt compelled to share. This is a YouTube channel from the Czech Republic called " KaiserBauch ". This channel is pragmatic in its views and tends to look at cultural contexts of mass immigration. The first two videos I am sharing are about The United States. The videos explore the contexts of migrations from Latin America and make a great observation of how well-integrated these communities are in the country. For example, they are very well assimilated into the Armed Forces and the Police, which is quite in contrast to what has happened in Europe where immigrants from the Arab world, Africa, and elsewhere have cont...