Monday, December 07, 2015

Turkey’s economy threatened on many fronts

Turkey’s economy threatened on many fronts
By Hugo Dixon
December 7, 2015

Turkey’s economy is threatened on many fronts. A row with Russia and the prospect of the Federal Reserve raising rates have coincided with President Tayyip Erdogan’s increasing politicisation of the economy and bad governance. This could prove a toxic cocktail given the private sector’s high debt.

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