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Monday, February 02, 2015

Turkey’s falling exports expose the dark side of ECB QE | beyondbrics

Turkey’s falling exports expose the dark side of ECB QE
Daniel Dombey

Turkey’s exports are down – not exactly the most welcome piece of news as the country casts around for a new economic model to take over from its largely debt-fuelled growth of the last half-decade. A single month’s worth of data does not a trend make, particularly when the figures concerned come from an industry body rather than the official statistics institute (which takes about a month to compile its own tally).

More:Turkey’s falling exports expose the dark side of ECB QE | beyondbrics