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Friday, December 30, 2011

Turkey’s Current Account Deficit and economic reform

Turkey’s Current Account Deficit and economic reform

Author: Emre Deliveli · December 30th, 2011

It is very easy to see the lagging Turkish productivity I discussed in this week’s Hurriyet Daily News column, which was also posted here at the blog, thanks to the excellent explanation by Murat Ucer of Global Source / Turkey Data Monitor. He also links the problem to the current account deficit, the country’s Achilles’ heel:

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