Newsletter 2016-2017 | Page 45

"ÇİN GİTTİM GÖRDÜM YAZDIM" by Yüksel Görmez Short Bio: Yü k se l Gö r me z st u d ied eco no mic s at t he Mid d le Ea st T ec h ni ca l U ni ver s it y i n An k ara. He j o i ned th e C e ntra l B a n k o f T u r ke y M ar ke ts D ep ar t me nt i n 1 9 8 9 . T he Ce n tral B a n k o f T ur k e y a ward ed hi m a P h D sc ho lar s hip i n 1 9 9 8 f o r t he Ci t y U ni v er si t y B u si n es s S c ho o l, Lo nd o n, UK wh i c h wa s co m p let ed i n 2 0 0 0 . Af te r t he co mp l et io n o f th e P h D a nd p o s t -d o c p r o j ect, he c a me b ac k to Mar ke ts Dep art me n t i n J ul y 2 0 0 1 a nd in t hr ee mo nt h s, h e mo v ed to t he Re sear c h Dep a rt me n t o f t he C e ntr al B a n k o f T ur ke y a s a n e co n o mis t to ta ke p ar t o n t he p r ep ara tio n an d la u nc h o f i n fla tio n tar ge ti n g re g i me . Fro m Dece mb er 2 0 1 2 , he wa s ap p o i nted to B eij i n g as t h e E co no mi c Co u n selo r fo r t he B a n k fo r t wo year s a nd hi s mai n re sp o n sib il it y i s t o u nd er st a nd C hi n a ma cro i nc l ud i n g RMB i nt er nat io na li sa tio n wit h it s r ele v a nce to T urk i s h mo ne tar y p o l ic y t ra n s mi s sio n me c ha n is m. H is c u rre nt s tud ie s co ver s ce n tr a l b a n k l iq uid it y o p era tio n str a te gi es , cap i ta l r eq uir e me nt o f ce n tra l b an k s, fo r e x i n ter ve n tio n s, fi n a nc ial ma r ke t l ib e rali sa tio n a nd cap it al ma rke t o p e n i n g a nd t h e fut u re o f p a y me n t s ys te ms. O ne b il lio n t hre e h u nd r ed mi ll io n: O ne fi ft h o f t he W o r ld P o p ul at io n. O n a la nd b i g g er t ha n E uro p e , a s b i g as a s i n gl e co nt i ne n t. T e n p er ce n t gr o wt h r ate fo r mo re t h an t hir t y ye ars wi t h e ve rla st i n g hi g h p o te nt ia l fo r d e ve lo p me n t c ap ac it y. Fr o m b o wl o f r ice p er d a y p o ver t y to a t wo Fer r ar i o n t h e g at e ric h ne s s . E x tre me so c ia l e x p eri me n t s s u c h as o n e ch ild p o li c y fo r 4 0 ye a rs . Fro m t he p o o r es t wes t to t he r ic h es t e as t, ma s s i ve i nco me i n eq u ali t y. Urb a ni sa tio n o n th e fa st l a ne: O ne s k ys cr ap er i n e ver y fi v e d a ys. U np r eced e nt ed l y f as t a nd co mp re he n s i ve in f r a str u ct ur e d e velo p m en t. T he b i g ge st, t h e la rge s t a nd `t he ` o f a ll : Ma ss es o f sca le eco no m ie s. F ro m wo rld facto r y t o la r ge st sel ler to b e s t b u yer to b i g ge st co ns u m er b as e, u ne nd i n g p ha s e o f c ha n g e. E ver la st i n g str u ct ur al re fo r m. Ne ver -b e fo re s ee n p o l l ut io n p ro b le ms fo r h u ma n i t y: in la nd , wa ter a nd ai r . An e xp er i me n t o f so cia li s m wi t h C h i ne se ch ar ac ter i st ic s a nd t h e fut u re o f mar k et e co no mi es. An d e ve n mo r e … A b o o k wri tt e n no t o nl y t o h elp to u nd er sta n d C h in a b u t a l so i n te nd s to eas e t h e co mp le x it ie s o f t he g lo b a l o rd eal a nd fi na nc ia l ar c hi tec t ure. Fro m a n e x p ert wh o sp e n t so ma n y yea rs o n t h e rel at ed is s ue s.. . is s ue s … JAPONYA GİTTİM GÖRDÜM YAZDIM by Yüksel Görmez 1 8 5 0 : An o p e n i n g up e n fo r ced b y t h e US N a v y. F il li n g t he gap o f 2 5 0 ye ar s o f i nd u st ria l r e vo lu tio n wi t hi n 2 0 ye ar s. T ran s fo r mi n g fro m a n o r d i nar y co u ntr y i n to a s up er i mp eria li s t p o wer . E n fo r ced p eac e wi t h t wo ato mic b o mb s a nd to ta l co l lap se. E nd i n g i n p o vert y to a l e vel to p la nt p o ta to i n t h e D ie t p ar k s. Rai s i n g fro m t he as h es a n b eco mi n g seco nd b i g g es t eco no m y rap id l y. Li v i n g i n 3 5 s q uar e me te r s a ga i n st al l we l f ar e a nd ri c h ne ss . S ui cid e a s a co ns eq ue n ce a nd p ro b le m o f p o st mo d er n d e v elo p me nt . U np reced e nt ed a g i n g n e ver se e n b e fo r e an y wh er e el se . W o r ki n g til l d e at h mo tto , b ur n i n g t h e ho l id a y r i g ht s a nd r ef u s al o f r et ire me n t. Un b el ie vab le r ec yc li n g c ap ac it y a nd s tre et s wi t h o ut g arb a ge b i n s. Ne rve - b rea k i n g ti mi n g b e y o nd Ger ma n p e r fec tio n. Et hi cs b e yo nd et h ic s a n d so cie ta l q ua li t y o f i n d iv id ua l s sac ri ficed fo r th e so c ie t y. B es t p r ep a red so ci et y to l i ve i n o ut er sp a ce. And e ve n mo r e… A b o o k wr it te n n o t o nl y to help to u nd er s ta nd J ap a n b u t a lso Asi a and to as s is t to ea se t he co mp le x iti e s o f t he glo b al o rd ea l a nd fi na n ci al ar c hi tec t ure. Fro m a n e xp er t wh o sp e nt so ma n y ye ar s o n t h e re la ted is s ue s … Department of Economics Newsletter 45