Disturbing assessment of Turkey by Nobel Prize-winning economist Daron Acemoğlu: In a worse situation.

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Nobel Prize-winning economist Prof. Dr. Daron Acemoğlu stated that the word that best summarizes the coming years in the world is uncertainty, saying, "We are in the midst of structural changes. Some of these create opportunities, while others provide different possibilities. But at the same time, they increase uncertainty. At the forefront of these is the productivity problem. America and Europe are in a bad situation. Turkey is in a much worse situation."

Among the speakers at the conference titled "From the Heart of the Economy in Istanbul to the Center of Finance: Conference from Şişli to Ataşehir," organized in partnership with Şişli Municipality and Ataşehir Municipality, were Nobel Prize-winning economist Prof. Dr. Daron Acemoğlu and Istanbul Metropolitan Municipality Mayor Ekrem İmamoğlu. The event was also attended by CHP Deputy Chairman Gökhan Zeybek, CHP Istanbul Provincial Chairman Özgür Çelik, Kadıköy Mayor Mesut Kösedağı, Sarıyer Mayor Oktay Aksu, as well as prominent figures from the world of economics and civil society organizations.

ALARMING EXPRESSIONS

Prof. Dr. Daron Acemoğlu answered questions from journalist Deniz Bayramoğlu in a special session titled "New Dynamics of Urban Economies." In his speech, Acemoğlu made assessments regarding the economy of Turkey and the world. He conveyed that the word that best summarizes the coming years globally is uncertainty.

"RELATED TO PRODUCTIVITY AND EFFICIENCY PROBLEMS"

Acemoğlu stated, "An uncertain world awaits. Because we are in the midst of structural changes, both geopolitically and in terms of inflation, and more importantly. Some of these create opportunities, while others provide different possibilities. But at the same time, they increase uncertainty. At the forefront of these is the productivity problem. America and Europe are in a bad situation. Turkey is in a much worse situation. If you look at the last 15 years, but even longer, over 25-30 years, the productivity of these economies is low. They are not producing at the same pace as before. It creates a more unequal world. Wages are not growing. Because wages are not growing, income distribution is deteriorating. All of these are related to productivity and efficiency problems."