The sheer pace of growth in Turkey looks increasingly like a cause for concern and there is mounting evidence that the economy is now overheating. Previous such episodes of overheating have been followed by sharp falls in the lira, large increases in interest rates and, ultimately, a slowdown in growth.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services