Gravitas: Turkish Lira sinks, investors lose confidence | How has Erdogan’s experiment backfired?

 

Apple has halted all sales in Turkey as the Lira continues to sink further. How did Turkey, which was once the fastest-growing G20 economy come to such a pass? Palki Sharma tells you why Recep Tayyip Erdogan’s ‘economic experiments’ are to blame.

 

#Apple #Turkey #Gravitas

 

 

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Published By: Atilla Yeşilada

GlobalSource Partners’ Turkey Country Analyst Atilla Yesilada is the country’s leading political analyst and commentator. He is known throughout the finance and political science world for his thorough and outspoken coverage of Turkey’s political and financial developments. In addition to his extensive writing schedule, he is often called upon to provide his political expertise on major radio and television channels. Based in Istanbul, Atilla is co-founder of the information platform Istanbul Analytics and is one of GlobalSource’s local partners in Turkey. In addition to his consulting work and speaking engagements throughout the US, Europe and the Middle East, he writes regular columns for Turkey’s leading financial websites VATAN and www.paraanaliz.com and has contributed to the financial daily Referans and the liberal daily Radikal.