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Expert briefing
Publication date: 14 March 2022

The conflict in Ukraine is a threat to Turkey’s economy. The lira has weakened again, which will push inflation above 60%. Ankara has condemned Moscow’s invasion but is seeking…

Expert briefing
Publication date: 15 December 2021

The lira’s collapse has only fortified President Recep Tayyip Erdogan’s adherence to unorthodox low-interest-rate policies. Rather than changing course, Erdogan has publicly…

Expert briefing
Publication date: 9 April 2018

The falling lira coincides with signs of policy disagreements and rumours of Deputy Prime Minister Mehmet Simsek's resignation. President Recep Tayyip Erdogan and his Justice and…

Expert briefing
Publication date: 23 December 2016

Turkey's economic and monetary policy.

Expert briefing
Publication date: 20 July 2015

In the absence of external funding, capital controls will remain. Banks will allow depositors to withdraw up to 420 euros (456 dollars)/week at one go rather than in daily…

Expert briefing
Publication date: 11 April 2016

Depending on the outcome, the United Kingdom's relation with its largest trading partner may be at risk, together with the City of London's role as a financial hub and the ability…

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