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Gulcin Ozkan

Professor of Economics, University of York
I am an academic economist at the University of York. I hold a BSc in Economics from METU, Ankara Turkey and MSc in Economics from the University of Warwick. I completed my PhD at York and have taught at various institutions, including University of Durham, METU, and University of York where I currently hold a Chair in Economics.

My main research interests are macroeconomics, political economy and international finance. More specifically my research has focussed on currency and financial crises, monetary policy, politics and policy making and more recently macroprudential policy and fiscal austerity.

COVID-19 recovery: some economies will take longer to rebound – this is bad for everyone

Jun 08, 2021 00:00 am UTC| Economy

National economies are beginning to return to their pre-pandemic levels. But like the uneven impact of the pandemic itself, the pace of economic recovery is massively divergent across countries. In 2020, the global...

Turkey's collapsing lira: government is running out of options for embattled currency

Aug 14, 2020 15:52 pm UTC| Economy

The Turkish lira hit its weakest ever level against the US dollar on August 7, trading at 7.36 at one point, having lost nearly 20% of its value since the beginning of the year. It comes almost two years to the day since...

Economic recovery will come with high levels of unemployment: how should governments respond?

May 05, 2020 11:38 am UTC| Economy

Two key factors distinguish the economic consequences of coronavirus from those of previous crises. One is the catastrophic decline in employment in such a short space of time. The other is the incredibly swift digital...

Economy

South Korea Producer Prices Fall 0.4% in July

South Koreas producer prices fell in July for the first time in nearly a year, as lower global crude oil prices helped offset rising agricultural costs caused by extreme summer heat. The producer price index (PPI) declined...

Japan Inflation Rises, Boosting BOJ Rate Hike Bets

Japans inflation accelerated for a third consecutive month in July, strengthening expectations that the Bank of Japan could raise interest rates again in the coming months as underlying price pressures intensify. Japans...

Gold Holds Above $4,500 as Dollar Weakens

Gold prices remained firmly above $4,500 an ounce on Friday, putting the precious metal on track for a third consecutive weekly gain as a weaker U.S. dollar and Treasury efforts to contain long-term bond yields supported...

Oil Prices Ease as US-Iran Tensions Keep Brent on Track for Weekly Gain

Oil prices edged lower during Asian trading on Friday, retreating from one-month highs as markets assessed Washingtons threat to impose its toughest-ever economic sanctions on Iran. Despite the pullback, crude remained on...

Asian Stocks Rise as Korea Tech Shares Rebound

Asian stocks moved broadly higher on Friday, led by a rebound in South Korean technology shares, although rising U.S. Treasury yields and elevated oil prices kept several major regional markets on track for weekly losses....

Politics

Trump Eyes Kim Jong Un Summit as North Korea Sets Tough Terms

U.S. President Donald Trump is seeking another meeting with North Korean leader Kim Jong Un later this year, but Pyongyangs guarded response suggests renewed diplomacy could depend on major changes in U.S. policy toward...

Myanmar Military Pushes to Clear Land for Russia-Backed Dawei SEZ

Myanmars military has deployed hundreds of troops around the Russia-backed Dawei Special Economic Zone (SEZ), as authorities seek to revive the strategically important project in the countrys southern Tanintharyi Region....

Imran Khan Returns to Prison After Islamabad Hospital Visit

Pakistans former Prime Minister Imran Khan returned to prison on Friday after spending several hours overnight at an Islamabad hospital for a medical examination ordered by the countrys Supreme Court. Khan, 73, was...

Trump Targets 1,000 U.S. Space Launches Annually by 2030

U.S. President Donald Trump signed a memorandum on Thursday aimed at dramatically expanding U.S. space launch capacity, directing federal agencies to remove regulatory barriers and strengthen cooperation with private space...

US Tightens Cuba Sanctions, Targets Officials and State Entities

The United States imposed a new round of sanctions on Cuba on Thursday, targeting three officials and nine state-controlled entities as the Trump administration increases economic pressure on Havana. The measures focus on...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Samsung Shares Rise on $72 Billion Shareholder Return Plan

Samsung Electronics shares climbed on Friday following reports that the South Korean technology giant is preparing a shareholder return package potentially exceeding 100 trillion won ($72 billion). Samsungs board is...

Alibaba Shares Fall as AI Spending Hits Profit

Alibaba shares dropped nearly 3% in Hong Kong trading on Friday after the Chinese technology giant reported a steep decline in quarterly profit, as aggressive artificial intelligence investment weighed on earnings and cash...

Samsung Eyes $72 Billion Shareholder Return Plan as AI Chip Boom Fuels Profits

Samsung Electronics is reportedly preparing a new shareholder return policy worth more than 100 trillion won ($71.75 billion), as booming demand for artificial intelligence chips drives expectations of record profits at...

SK Hynix Shares Surge on Record $28.6 Billion Buyback

SK Hynix shares staged a strong rebound on Thursday after the South Korean memory-chip giant announced a record 40 trillion won ($28.6 billion) share buyback and cancellation plan, providing fresh confidence to investors...

OpenAI Revenue Rises 18% in Q2 as Losses Widen and Anthropic Surges Ahead

OpenAI reported an 18% increase in second-quarter revenue, but widening losses and rapid growth at rival Anthropic are adding pressure on the ChatGPT maker, according to The Wall Street Journal. OpenAI told investors that...