Turkey’s economy at a crossroads
PAST
EVENT
EVENT
Nov 19, 2014
00:00 - 00:00
The Turkish economy has done remarkably well during the last decade. It has emerged from the worldwide economic crisis as the role model for other emerging market economies, something which now-President Recep Tayyip Erdoğan still considers to be one of his biggest feats. But in the last one and a half year, economic growth has considerably slowed, the reform zeal has been ebbing away and a conflict is brewing between the Turkish government and the Central Bank. Can Turkey continue on the path of sustainable growth to becoming an economic actor at the highest international level, or will it fail and fall into the middle-income trap?
