Reklam
Vakıf Katılım
Tarih : 2019-09-25 17:30:00

Outlook For Turkısh Economy For The Last Quarter Of 2019: Abstract

Assuming that monetary easing in international markets will remain, a decelerated decline in inflation and interest rates will continue along with a modest increase in the domestic economic activity, Turkish economy seems to have seen the worst – at least for the year 2019. After last year’s dramatic currency depreciation about 70% which fueled a rapid increase in inflation to a 25% range and an economic contraction in the first half of 2019, Turkish economy is giving signals that its performance will be better than expected in the last quarter of 2019. Even though, geopolitical risks like the security issues in Syria and the “evil” triangle of USA-Russia-Turkey relations due to S-400 problem still remain, rather elastic and dynamic structure of Turkish economy has shown once again that it can get well back quickly soon. Whether this getting well will be sustainable in 2020 remains to be a crucial question, it is highly likely that the both the Turkish economy and the Turkish assets will outperform many of its peers in the last quarter of 2019.

Dr. Can Pamir Hibya News Agency Board Member

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