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Thursday, August 27, 2015

What's the greatest risk to Turkey's economy? - Al-Monitor: the Pulse of the Middle East

What's the greatest risk to Turkey's economy?

Any one of the following problems would ring alarm bells for an emerging market: a slowing economy, rising inflation, distrustful citizens exchanging local currency deposits for dollars whenever possible, a rising tide of violence scaring away foreign tourists and hurting hard currency reserves and concerned foreign investors eyeing the exit because of a bearish stock exchange and a possible hike in interest rates by the US Federal Reserve.

More:What's the greatest risk to Turkey's economy? - Al-Monitor: the Pulse of the Middle East