Turkey’s pro-government media outlets have been the subject of ridicule on social media since they published stories about economist Timothy Ash’s tweet sarcastically referring to Turkish President Recep Tayyip Erdoğan’s recent move to boost the ...
One of the shocking moves in asset prices in 2021 has been the collapse of the Turkish lira, undermined by poor fiscal policy, the degradation of Turkey’s institutions by its president and haphazard monetary policy. ...
Following years of mismanagement by an authoritarian president, Turkey’s economy is reeling. Without new leadership or a course correction that includes a tighter monetary policy, Turkish households’ economic prospects will continue to darken, and the ...