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Turkey's economic performance has been a tale of two economies, overall high growth, matched by a deterioration in … macro-financial conditions. Good progress in vaccination rollouts allowed Turkey to reopen gradually in 2021 despite a …, improved price competitiveness and demand shifts to Turkey due to rising shipping costs. Turkey's GDP grew by 22 percent year …
Persistent link: https://www.econbiz.de/10013209016
- enabled Turkey to recover from its shock of 2016, with growth accelerating to 7.4 percent in 2017. The outcome of supply … orderly adjustment is important for productivity and potential output. Turkey has been prone to large economic swings in the …
Persistent link: https://www.econbiz.de/10012645346
Mid-2018 was a period of intense market volatility and rising economic stress in Turkey that was precipitated by … sharp slowdown in capital flows to Turkey in 2018 Q2-Q3. Though this did not technically amount to a sudden stop, Turkey was … current account deficit, high inflation, overheating economy) and perceived policy weaknesses. Market volatility in Turkey has …
Persistent link: https://www.econbiz.de/10012645843
conditions. Even so, foreign exchange reserves have gotten eroded over the past two years, exposing Turkey to external market … losses and falling real wages. Turkey's economy lost around 840 thousand jobs from May 2018 to May 2019, amounting to 2 …
Persistent link: https://www.econbiz.de/10012646643
Despite an initial surge in COVID-19 cases, cross country data suggests that Turkey containedrelatively quickly the … this fragile trend. Turkey's pandemic response may offer some lessons, notwithstanding country specific conditions. Turkey … economic recovery in Turkey. By the second half of 2019, the economy started to gradually recover from the shock of the mid …
Persistent link: https://www.econbiz.de/10012647432
The fall 2021 issue of the Iraq Economic Monitor provides an in-depth review of the latest macroeconomic and policy developments amidst a global recovery in international oil markets and as COVID-19 restrictions begin to ease. As a result, the monitor finds that the economic prospects for Iraq...
Persistent link: https://www.econbiz.de/10012817513
The Economic Monitor examines four possible factors behind Tunisia's slow recovery. First, the drop in mobility related to the pandemic may have been more harmful in Tunisia. However, mobility in Tunisia has dropped to a similar extent as other countries and it has now returned to pre-pandemic...
Persistent link: https://www.econbiz.de/10013181653
Due to disruptions in international trade and tourism triggered by the COVID-19 (coronavirus) pandemic, the Tunisian economy contracted by unprecedented levels during 2020. Fortunately, recent data indicates that the economy stabilized during the first quarter of 2021, with quarter-over-quarter...
Persistent link: https://www.econbiz.de/10012642795
This edition of the Kazakhstan Economic Update is part of a biannual series designed to monitor economic developments in Kazakhstan. It presents a concise analysis of macroeconomic and structural conditions from late 2015 through the first five months of 2016
Persistent link: https://www.econbiz.de/10012644503
Iraq is facing daunting challenges of Islamic State of Iraq and Syria (ISIS) insurgency, political upheaval, and profound economic and humanitarian crises. Compounding the ISIS-related crisis, the sharp decline in global oil prices has resulted in significant decline in oil export revenues....
Persistent link: https://www.econbiz.de/10012644852