Mustafa Sonmez

The Russian navy's reconnaissance ship Liman joins other river traffic on the Bosporus in Istanbul, Oct. 21, 2016. (photo by REUTERS/Murad Sezer)

Most Recent Story

Canal Istanbul: Still hyped, still 'crazy'

Wednesday, Feb. 22, 2017 | Mustafa Sonmez, Contributor

Turkish President Recep Tayyip Erdogan is dusting off plans for the megaproject Canal Istanbul ahead of the constitutional referendum as an example of what a strong president could achieve.

Turkey’s wealth fund is less about wealth and more about debt

Thursday, Feb. 9, 2017 | Mustafa Sonmez, Contributor

Turkey’s newly established sovereign wealth fund is expected to throw life preservers to companies involved in the government’s “mega-projects” and primarily owned by AKP cronies.

How political risks wreck Turkey’s economic prospects

Friday, Feb. 3, 2017 | Mustafa Sonmez, Contributor

Turkey has lost its investment grade status with all top three credit-rating agencies, falling behind many regional countries despite its geopolitical edge.

Is Gulf money really a lifesaver for Turkish economy?

Friday, Jan. 27, 2017 | Mustafa Sonmez, Contributor

Despite assertions of impending major Gulf investment in Turkey, Europe continues to provide the bulk of external funds in the country

Turkey's AKP scrambles to curb economic woes until referendum

Friday, Jan. 20, 2017 | Mustafa Sonmez, Contributor

Turkey’s government has mobilized public funds to avert a full-blown economic crisis ahead of a critical referendum on transition to a presidential system, expected in early spring.

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Mustafa Sonmez

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Mustafa Sonmez is a Turkish economist and writer. He has worked as an economic commentator and editor for more than 30 years and authored some 30 books on the Turkish economy, media and the Kurdish question.

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