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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 special topic of this edition of the Macroeconomic Monitoring report focuses on the TC administration's 'public' financial support to the agriculture sector. Due to the Turkish lira depreciation, the recent adverse climate conditions, and exacerbated by the COVID-19 crisis, the agriculture...
Persistent link: https://www.econbiz.de/10012544689
The Turkish lira (TL) has depreciated to an extent not seen since the 2001 crisis, reaching its lowest level in September 2018 (TL 6.37/US 1.00 dollar), losing 66 percent of its value against the US dollar since January 2018. This Regular Economic Report focuses on the likely impact of the...
Persistent link: https://www.econbiz.de/10012647521
TC administration reduced expenditure due to declining budget support from Turkey. Looking ahead and doing things …
Persistent link: https://www.econbiz.de/10012647523
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
Following the surge in COVID-19 infections in Q3 2021, Malaysia is gradually emerging from the worst wave of the pandemic. As a result, the Malaysian economy is expected to be on a recovery path next year. In the near-term, it is key to ensure that targeted support measures remain in place. The...
Persistent link: https://www.econbiz.de/10012817590