QUORA REPLIES

The Turkish economy is rapidly deteriorating. When will it crash?

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QUESTION on QUORA: The Turkish economy is rapidly deteriorating. When will it crash?
https://www.quora.com/The-Turkish-economy-is-rapidly-deteriorating-When-will-it-crash

QUICK ANSWER

Yes, it is unluckily a fact the Turkish economy has been deteriorating for quite a while.

The administration which has not been very successful in terms of economic programs announced and their implementation, has revealed many new packages for improvement of economy in the couuntry – without success however.

The term “crash” is a little bir too strong some could say, however many experts / opinion leader claim there are various other reasons for the very poor performance of the economy – related to issues such as democracy, freedom of speech, transparency and corruption.

And it would/could be best not to go into further details probably. 🙂

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