"Turkey: Economy can hold the global storm, says Morgan Stanley
10:52 - 25 May 2006 - In MS view, Turkey’s progress is a result of prudent policies and structural reforms, not just about a favourable liquidity cycle. Further, some volatility can indeed bring good by limiting speculative behaviour and purging economic excesses. This is why MS analysts still believe that as long as the government remains on a cautious path, the Turkish economy will weather the global storm. "
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