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The statement implies that a return to economic orthodoxy is likely, following two years of unorthodox policies built around Erdogan’s preference for low interest rates. The…
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DOI: 10.1108/OXAN-DB279817
ISSN: 2633-304X
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That represented a 1.9-percentage-point (pp) rise in import share and a 0.4-pp fall in export share. Turkey's economic and commercial ties with Europe (EU and non-EU) are strong…
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DOI: 10.1108/OXAN-DB280284
ISSN: 2633-304X
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Geographic
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BRICS members seek to reduce the dominance of the US dollar in global trade; a less dollar-focused approach to development finance from the NDB is consistent with this. The BRICS…
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DOI: 10.1108/OXAN-DB279666
ISSN: 2633-304X
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The move is part of the government’s new more orthodox economic policy, which was adopted following President Recep Tayyip Erdogan’s re-election in May. The change of policy…
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DOI: 10.1108/OXAN-DB282608
ISSN: 2633-304X
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Geographic
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However, although output has grown, a tight labour market and persistent inflation have created new problems. The reorientation of trade away from Europe has resulted in a…
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DOI: 10.1108/OXAN-DB285374
ISSN: 2633-304X
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Geographic
Topical
In the past 12 months, Bahrain, Egypt, Kuwait, Qatar, Saudi Arabia and the United Arab Emirates (UAE) have become dialogue partners of the SCO, while Iran has become a full member.