Independent and cutting-edge analysis on Turkey and its neighborhood

Global economies have been caught in a perfect storm, which nearly devastated the international financial system. Timely and decisive intervention by governments and financial institutions helped restore stability. However, the full impact of systemic risk and of certain persistent problems has yet to be fully resolved. This paper evaluates the experience of Turkey in successfully weathering the recent crisis. It highlights the significant role played by the country’s robust banking sector in enhancing the economy’s resilience to the crisis.

 
CONTRIBUTOR
Ziya Akkurt
Ziya Akkurt
From the Desk of the Editor This issue of TPQ comes at a time when relations between Turkey and the EU are at a historical low point. The sources of tension are manifold, and have been compounded by a constellation of transformations in Turkey, Europe, and the international system. The global upswing in far-right populist movements, isolationism, the conflict in Syria and its humanitarian crisis, and the threat of ISIS have...
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