Latest / The Emerging Markets Podcast with Fexingo: Developing Economies, Growth, and Investment
How Turkey Is Managing Inflation After Its Currency Crisis
Lucas and Luna examine Turkey's unorthodox approach to taming inflation after the 2023 currency crisis, focusing on the central bank's real interest rate strategy and the recent $15 billion infrastructure push. With the Turkish lira stabilizing against the dollar and inflation dropping from 85% to 39%, the episode explores whether Ankara's gamble of cutting rates to fight rising prices can actually work without triggering capital flight. They also discuss how the 2023 elections reshaped economic policy and what Turkey's experiment means for other emerging markets…
The skinny
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