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Saturday, May 27, 2006

The New Anatolian-Turkish economy can hold the global storm, says Morgan Stanley

"Turkish economy can hold the global storm, says Morgan Stanley

EkoTürk News Agency / Istanbul

Largest U.S. investment bank MorganStanley has released a commentary on latest state of Turkish economy.
According to MorganStanley, 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. "

More:The New Anatolian