"The Turkey-IMF Stand-By Accord: a Never-Ending Symphony?
Publication: Eurasia Daily Monitor Volume: 5 Issue: 235
December 10, 2008 03:52 PM Age: 44 min
By: Saban Kardas
The Turkish government’s handling of the economic crisis continues to draw criticism. Business leaders and investors have been insisting that urgent measures are needed to protect the economy. An expert from Moody’s maintained that without a new IMF program, Turkey could face recession in one or two years (Today’s Zaman, December 2). Since the previous stand-by deal ended in May, the Turkish Industrialists' and Businessmen's Association (TUSIAD) has repeatedly called on the government to conclude a new accord with the IMF (Radikal, April 26)."
More:The Turkey-IMF Stand-By Accord: a Never-Ending Symphony? - The Jamestown Foundation