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Crisis in Turkey: Estimating the Potential Welfare Loss?
(Routledge Journals, Taylor & Francis Ltd, 2020)
While large and persistent current account deficit and external debt stock are among the most common causes of economic crises, measuring the risk associated with them is not easy. The literature typically focuses on the ...
The political economy of turkey’s economic miracles and crisis
(Palgrave Macmillan, 2020)
This paper argues that Turkey experienced two manufactured economic miracles since 2002 which required a corrective crisis. The first miracle occurred between 2002 and 2008 when Turkey’s GDP tripled. This miracle was ...