3min chapter

Ones and Tooze cover image

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

Ones and Tooze

CHAPTER

Erdogan's Political Economy for Finding an Exit in Turkey

CNN's John Defterios looks at how the economic situation in Turkey could possibly get resolved. He says Erdogan would have to perform a pivot, but deflation hurts too and will hurt other people. The fundamentals of the Turkish economy may not be as stellar as they like to claim,. But are certainly sound enough to sustain growth.

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