Carsten Hesse, Author at The Globalist

Turkey’s Next Challenge: How Bad Can Inflation Get?

By Holger Schmieding and Carsten Hesse, September 4, 2018 in EconoMatters

How Turkey’s central bank plans to regain market confidence that it will eventually hit its 5% inflation target again remains a mystery.

First Greece, Now Turkey?

By Carsten Hesse, August 22, 2018 in EconoMatters, Rethinking Europe

Is Turkey entering a deep financial crisis just as Greece exits one?

How Big Is the Turkish Contagion Risk for Emerging Markets?

By Holger Schmieding and Carsten Hesse, August 20, 2018 in EconoMatters

Contagion from the Turkish crisis to other emerging markets is not widespread.

Turkey’s Economic Crisis: Does It Matter for the Eurozone?

By Carsten Hesse, August 13, 2018 in EconoMatters

A deep Turkish recession could lead to more migrants leaving Turkey for the EU. Currently more than three million Syrian refugees are living in Turkey.