Will investors flood out of Turkey?
Depends who they are.
If we needed another reminder that geopolitics rather than economics has become the barometer of investor sentiment look no further than Turkey.
The recent protests in Istanbul and Ankara have revealed a degree of domestic discontent not appreciated externally. The investor unease this created has been compounded by the harshness of the crackdown against the demonstrators and Prime Minister Tayyip Erdgoan’s intransigent rhetoric, which are reminiscent of Turkey's authoritarian past.
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