Dolorization

In Turkey, policy makers preferred foreign capital. They took this structure as given and acted in accordance with that. If you want to solve dolarization, you can't grow by issuing leral lons. Issuing leral loans with this stricture will breed instability. This only works when the global uste cycle worksinor vor. And it did work in turkes favor at the time. There was this pot of uistic liquidty. That kept on going until the taper tentum of two thousand and 12. After that point, you started to see mister precedent getting more restless about the mormentary policy. It's difficult for it to adjust interest rates in