Why Turkey Is Not Fixing It’s Hyperinflation Problem

Atilla YeşiladaPosted on

 

Cover chart:  12 and 24 mth inflation expectations expressed in Central Bank January tendency survey.

 

Red 12 mth   Blue:  24 mth

 

A 25  min video by Economics Explained

 

Turkey is one of the largest economies in the world and was up until recently growing rapidly every year. Why is it now driving itself into a hyperinflation crisis?

 

 

WATCH– TURKEY: Next Stop Is Currency Controls | Real Turkey

 

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Published By: Atilla Yeşilada

GlobalSource Partners’ Turkey Country Analyst Atilla Yesilada is the country’s leading political analyst and commentator. He is known throughout the finance and political science world for his thorough and outspoken coverage of Turkey’s political and financial developments. In addition to his extensive writing schedule, he is often called upon to provide his political expertise on major radio and television channels. Based in Istanbul, Atilla is co-founder of the information platform Istanbul Analytics and is one of GlobalSource’s local partners in Turkey. In addition to his consulting work and speaking engagements throughout the US, Europe and the Middle East, he writes regular columns for Turkey’s leading financial websites VATAN and www.paraanaliz.com and has contributed to the financial daily Referans and the liberal daily Radikal.