RaboResearch - Economisch Onderzoek

Landenrapport

Turkey: ongoing political instabiliy (Engelstalig)

Turkey’s economy expanded by 4% last year, but Russian sanctions and weaker tourist arrivals will negatively affect growth this year. In spite of the AKP’s regained parliamentary majority, Turkey’s political situation remains volatile which could once more weigh on essential foreign capital inflows.

Special Engelstalige versie

Visie op 2016: internationale economie

De mondiale groei houdt in 2016 aan, maar versnelt niet. De VS is bijna klaar voor een renteverhoging en de rest van de wereld wacht in spanning af. Normalisatie van het monetaire beleid is economisch riskant, maar te lang, te ruim monetair beleid ook.

Landenrapport

Country Report Turkey (Engelstalig)

Political pressure on the central bank ahead of parliamentary elections contributed to a strong depreciation of the Turkish lira. Concerns about a possible executive presidency after elections and more populist economic policies unnerve investors.

Landenrapport

Country Report Turkey (Engelstalig)

While Turkey’s economic growth started to slow in the second quarter, the central bank faces pressure to reverse its major January interest rate hike ahead of the 2015 parliamentary elections. As expected, Recep Tayyip Erdoğan became Turkey’s first directly-elected president.

Landenrapport

Country Report Turkey (Engelstalig)

Turkey’s external vulnerabilities decreased in the first quarter of this year, as the current account deficit started to decline and net capital inflows resumed. Meanwhile, Prime Minister Erdoğan’s dominant position was strengthened by his party’s victory at the March 30th municipal elections.

Landenrapport

Country Report Turkey (Engelstalig)

Turkey’s economy is heading for a slowdown this year, as external financing conditions deteriorate and the central bank had to hike interest rates strongly to defend the lira. The AKP will likely win the upcoming municipal elections, even as an ongoing corruption probe may cost it some votes.