Category: Turkish hyperinflation

Turkey: autopsy of a debacle

May 30, 2022 0

  This country got lost in grandiose real estate projects that have turned out to be barely profitable. Instead of progressing from its economy’s developmental stage by prioritising and banking on the traditional path– which is also enticing for foreign investors –, a path that is characterised by gradual industrialisation, Turkey has preferred to enrich…

By Michel Santi