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Human capital formation faced great challenges prior to the pandemic; conditions are likely to have worsened with COVID-19. It is necessary to prioritize and strengthen the educational system. Without investment in human capital, there can be no nearshoring in the medium and long term.

Unusually and unexpectedly high inflation has been one of the most analyzed and discussed topics in 2022. Its causes and consequences have been at the very heart of the economic debate. And although its determining factors have not yet been unequivocally identified, its effects are already visible.

Türkiye is integrated along the GVCs with strong backward and forward linkages, while searching for new opportunities in international trade. We devise an export diversification strategy to detect products and sectors that could be attained wit…