Turkey: end of the tulip period?
Due to the several shocks Turkey has experienced for the last couple of years, a slowdown in capital inflows to the country has been noted. Investment appetite has taken a serious hit, and growth perspectives are threatened, with a forecast 2.5% in 2016 and 2.7% in 2017. Yet, the Turkish economy remains resilient, through manufacturing production, domestic demand-boosting measures, improving relationships with neighbours and rising EU exports. Although economic growth has slowed, the economy has still been in continuous progression for the last 27 quarters.
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