Thursday, August 24, 2017

Why Turkey’s strong recovery won’t last - Capital Economics

Why Turkey’s strong recovery won’t last

Turkey’s economy enjoyed a strong first half of the year, but growth is close to peaking and we think that it will slow in 2018-19, and by more than most expect. What’s more, given the vulnerabilities that have built up in the banking sector, the risk is that the slowdown could be sharper than even we anticipate.

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