The symposium, which was carried out by many economists and academicians who were experts in their field, was held as two sessions, Economic policies and Fiscal policies.
The symposium was held at the Haliç Campus of Fatih Sultan Mehmet Foundation University. Dr. Prof. Dr. Bayram Ali Ersoy, Anatolian Youth Association Istanbul Branch President Yunus Genç, Marmara University Faculty Member. Along with Abdullah Demir, many ESAM officials, academics and university students participated in the program.
ESAM Chairman of the Economic Symposium in Istanbul Turkey makes the opening speech of Prof. Dr. Bayram Ali Ersoy, "ESAM is one of the first centers of thought and strategy established in Turkey, contributing to economic and social development of our country have done a lot of research, it has developed strategies. ESAM has produced solutions for national problems in accordance with our nation's world view, value measure and historical accumulation. Many projects such as D-8, pool economy and heavy industry have been produced and developed by ESAM. Now we organized a symposium in Turkey to come to the point that it deserves in the world economy," he said.
He chaired the first session of the symposium on ilk Economic policies Dr. Ibrahim Guran, "Turkey is a very stable country in the current account deficit. We have been running a current account deficit for 140 years. Governments are trying to take short-term solutions to take measures against the current account deficit. After all, there is not much improvement. There is a serious injustice in the economic distribution in our country. When we look at the share of the economy, there is a serious difference between the substrate and the upper layer. There is a serious deficit in the distribution of income. Turkey's foreign trade volume of payments and have significant share in determining possible to say that our current account deficit. The current account deficit can not be closed in the short term, but in the long term," he said.
”WE NEED TO ESTABLISH SERIOUS PROJECTS“
Professor Dr. Kerem Alkin explained the economic policies in the world and started to talk about E-7 group. After a certain period of time, the E-7 group quickly approached the G-7 group as production and gross domestic product. For the calculation of many financial groups and companies have been developing economy of Turkey. In addition to China's projects, we need to make serious projects. When China's generations of road projects are fully realized, there will be a serious flow of money. In this case, Turkey's made the right moves must take its share of trading will take place over China. Here, we should not overlook the critical importance of the Dardanelles and Istanbul straits," he said.
"It is not possible to interpret financial markets without knowing the recent global crises. The formation of economic policy and financial services in Turkey, we should not be interpreted as the end of this crisis. The 2008 crisis should be differentiated from the crises of 2000 and before. The reason we were so impressed by the 2008 crisis was that we had no money. So we survived the 2008 crisis because we didn't have money. But then we begin to experience the effects of the financial crisis of 2008 and the first time our economic stability because of errors broken, saying, Turkey told the impact of the economic crisis and the world."
Speaking on the current account in Turkey Istanbul University Prof. Dr. Murat Yaş, "Turkey's exchange rate policy was causing us to give up the near-term deficit. This leads to the depreciation of the Turkish Lira and the depreciation of the producers. So, how is the current deficit difference in our country tried to be absorbed? With the service sector, ie tourism, the current account deficit is narrowed. Tourism is very good but not enough due to its unqualified workforce and its blocking of immigration to big cities. Turkey should support production and should be built on the solid foundation of growth," he said.