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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.

 
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Ziya Akkurt
Ziya Akkurt
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Foreword TPQ’s Summer issue, NATO in 2020 and Beyond: New Strategies and Frontiers, offers insights on the Alliance’s current challenges and future security trends, while offering a look into Euro-Atlantic relations in the coming decade. It is clear that as the international security landscape is rapidly changing, member states’ capabilities, resilience, and most importantly, their...
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