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In Turkey, as in other countries, the human and economic toll of the COVID-19 pandemic has been severe. Thousands of … sharp growth rebound-set Turkey apart from its peers. Rapid monetary and credit expansion and large liquidity support meant … that Turkey was among the few countries to experience positive economic growth in 2020. But these policies also aggravated …
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While output declined in virtually all transition economies in the initial years, the speed and extent of the recovery that followed has varied widely across these countries. The contrast between the more and less successfull transitions, the latter largely in former Soviet Union, raises many...
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