Turkish economic data & news wrap-up
Author: Emre Deliveli · September 22nd, 2011
Here’s my take on some of the recent data & news events of the last couple of weeks:
First, everyone, including yours truly, concentrated on the growth numbers, but it is the adjustment process that is equally important. To recap a point I have made several times in my columns and posts, Turkish growth is unbalanced between domestic and external demand. This is the driving force between the current account deficit.
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