EPC | 11 Feb 2020
The Turkish economy has been shrinking as a result of the economic and financial turmoil that has gripped the country since March 2018. In the third quarter of 2019, it experienced weak growth. However, despite the market movement and the positive growth seen since, the crisis continues to have an impact, and no real solution has yet been found. In contrast to the weak growth and relative stability of the Turkish lira, the high rates of unemployment and of inflation continue to have a negative effect on the economy.
EPC | 20 Nov 2019
Turkish President Recep Tayyip Erdogan received a warm welcome at the White House from President Trump on Wednesday. This façade of good relations between the two countries is highly deceiving, however. Any sense of victory Turkey claims after this visit is bound to be illusory. In reality, the two countries are wide apart on substantive issues, and the two presidents are very lonely at the top.
EPC | 14 Oct 2019
This paper aims to analyze current condition and outlook of Turkish economy in regard to private sector debt problem, macroeconomic policies of the government, transparency of the national accounts and US-Turkey relations.