Umit Akcay
Political economist teaching and researching at Berlin School of Economics and Law
- Indexed issues, last 90 days
- 2
- Latest publication
- Jul 24, 2026
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- Earliest in this view
- Jul 8, 2026
Latest issues
The Central Bank Keeps Its Foot on the Brake (opens the original)
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Turkey’s central bank kept its policy rate at 37 percent on 23 July. The decision was widely expected. What matters more is the language of the statement and what it tells us about the government’s room for manoeuvre. Compared with June, the Bank’s assessment became more cautious. The underlying trend of inflation had improved only “to a limited extent.” Weak domestic demand had become more pronounced. Energy prices were rising again.The message was clear. The economy is slowing
The Political Economy of the Ankara NATO Summit (opens the original)
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At first sight, the NATO summit in Ankara concerns familiar security questions: Russia, Ukraine, Iran and the future of the transatlantic alliance. Its deeper content, however, is political-economic. Who will finance Western military power? Who will produce its weapons? Who will retain strategic command? And which social classes will bear the costs?NATO 3.0 is the emerging answer. Europe will spend and produce more. The United States will preserve strategic leadership while concentrating increas
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