How Turkey’s central bank plans to regain market confidence that it will eventually hit its 5% inflation target again remains a mystery.
The Only Way to Fix the US Trade Deficit
Solutions exist for Trump to address the U.S. trade deficit effectively. But he will never implement them.
Will a Chinese “Sputnik moment” in AI Unleash Dynamism in the West?
A German perspective on the global AI race.
First Greece, Now Turkey?
Is Turkey entering a deep financial crisis just as Greece exits one?
The Turkey-China Debt Nexus
Turkey’s financial crisis raises questions about China’s debt-driven development model.
How Big Is the Turkish Contagion Risk for Emerging Markets?
Contagion from the Turkish crisis to other emerging markets is not widespread.
Options for Turkey
What the Erdogan government must do if it wants to avoid a “cold Turkey” economic shock.
Italy and the Populists: Heading for an Even Hotter September?
It may take a further rise in Italian bond yields to remind the populist government’s leaders in Rome that their room for maneuver to operate with more debt is very limited.
Turkey’s Economic Crisis: Does It Matter for the Eurozone?
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.