

Turkey’s Growth Slows Sharply and Labor Market Struggles
Turkey’s economy is losing momentum. In the first quarter of 2025, annual GDP growth slowed to just 2% , down sharply from 5.1% in 2023...
Arda Tunca
1 day ago4 min read


Strategic Rivalries in a Fractured Global Order
For decades, economics ruled the world stage. Markets dictated policy, and political choices were increasingly constrained by economic...
Arda Tunca
4 days ago3 min read


Trade Wars and the Great Supply Chain Shuffle
Trade wars don’t kill trade entirely, but they shrink and reroute it. That’s exactly what we’re seeing as tensions between the United...
Arda Tunca
Jun 93 min read


Şimşek’s Program: Promised Stability—But Where Are the Results?
When Mehmet Şimşek was brought back to lead Turkey’s economic policy in June 2023, it was marketed as a return to reason . After the...
Arda Tunca
Jun 83 min read


China’s Manufacturing Slowdown: A Global Warning Sign?
In an earlier analysis, I cautioned that China’s manufacturing-driven growth was vulnerable to both internal demand weaknesses and...
Arda Tunca
Jun 33 min read


AI and Energy: A Double-Edged Sword in the Climate Fight
There are two major existential threats facing humanity today: climate change and artificial intelligence (AI) . Each poses immense...
Arda Tunca
May 274 min read


The U.S.-China Trade War: Structural Imbalances and Global Economic Realignment
The persistent structural imbalances in the global economy, notably the significant current account deficits of the United States...
Arda Tunca
May 234 min read


Turkey: The Fragile Anatomy of the Real Economy
The Turkish economy exhibits multidimensional fragility in production, employment, and public finance. These vulnerabilities are not...
Arda Tunca
May 224 min read


Beyond Silicon: AI as the New Currency of Geopolitical Competition
The Gulf states, traditionally known for their oil wealth, are now channeling investments into AI infrastructure. Saudi Arabia's...
Arda Tunca
May 203 min read


Temporary Truce: Why the U.S.–China Trade Agreement Leaves More Questions Than Answers
The U.S. and China have agreed to roll back some of the harshest tariffs imposed during the latest round of their trade conflict. For...
Arda Tunca
May 132 min read


Trade Wars Shake Global Financial Markets
For decades, the United States attracted global capital through robust economic growth, market liquidity, and high returns. However, this...
Arda Tunca
May 103 min read


Placing Life at the Center: Nancy Fraser’s Vision for 21st-Century Socialism
Beyond Capitalism’s Contradictions After interrogating the structural contradictions of capitalism, its entanglement with ecological...
Arda Tunca
May 85 min read


Is Capitalism Structurally Racist?
Capitalism and the Logic of Exploitation Is capitalism structurally racist? Is racism a contingent byproduct of capitalism’s historical...
Arda Tunca
May 56 min read


The Slowdown in the U.S. Economy: What Lies Behind the Numbers?
The U.S. economy contracted in the first quarter of the year. It shrank by 0.3% on an annualized basis. At first glance, this datum...
Arda Tunca
May 34 min read


Beyond the Market: What Makes a Good Economist Today?
“Economists should be like dentists,” John Maynard Keynes once said , technical, precise, and practical. Yet, for all their technical...
Arda Tunca
Apr 2410 min read


Beyond the Market Myth: The Institutional Logic and Contradictions of Capitalism
In prevailing economic discourse, capitalism is typically understood as a market system, a neutral mechanism through which supply meets...
Arda Tunca
Apr 228 min read


After İmamoğlu’s Imprisonment: Eight Scenarios for Turkey’s Political and Economic Future
Introduction Ekrem İmamoğlu’s imprisonment has set in motion a turbulent process whose outcome is uncertain. Where will this lead Turkey?...
Arda Tunca
Apr 1419 min read


The Turkish Economy After March 19: A Shift Toward Instability and Contraction
March 19, 2025 marked a turning point for Turkey, where political and economic fractures began to accelerate. The Minister of Finance and...
Arda Tunca
Apr 83 min read


Trump’s Tariff Shock: How Protectionism Is Unraveling Global Trade and Supply Chains
In almost just a couple of months, Donald Trump has rolled back over a century of U.S. trade liberalization, plunging the global economy...
Arda Tunca
Apr 64 min read


Turkey Under Siege
To better understand the political crisis that Turkey has fallen into today, one must go back to 2015. In June 2015, the AKP (Justice and...
Arda Tunca
Mar 305 min read