Turkey Travel Notes August 2018

TRAVEL NOTES

TURKEY: The Risk of a Full-Blown Balance of Payments Crisis Is Rising

By Nouriel Roubini

9 August 2018

In this report we discuss:

• The latest developments of the Turkish economy;
• The appointments of the new Erdogan’s administration;
• The policy choices made by the re-elected President and the new government;
• The risk of a full-blown balance of payments crisis; and
• The market implications of all the above.

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