Turkey: Boom, Bust, What Comes Next?

22 February 2019 Last year's Turkish financial market crisis emanated from the confluence of several domestic and international factors. To be sure, Turkey is no stranger to boom-bust economic cycles.  And, fueled by overly expansive macroeconomic policies, the Turkish economy was overheating and inflation rising sharply by mid-2018.  Against this already challenging backdrop, the Erdogan [...]