2min chapter

Ones and Tooze cover image

How Turkey’s Economy Explains Its Election Results (or Doesn’t)

Ones and Tooze

CHAPTER

Introduction

1s and 2s FPs Economics Podcast. Every week we take a couple of data points we use them to try to explain the world. This week: Turkey's economy has recently been struggling with its worst crisis in decades. Inflation soaring around 50% here and the lira collapsing resulting in a cost of living crisis. The country's foreign currency reserves have also been dwindling in recent months.

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