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Selva Demiralp is a professor of Economics at Koç University, Istanbul. selvademiralp.com
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Selva Demiralp
11 March 2020, Wednesday / Published in Economy

The economic impact of the coronavirus in Turkey

“[…] hell itself breathes out contagion to this world” Hamlet We are withstanding hard times that resemble Shakespeare’s description above. The new coronavirus has finally reached Turkey. The time that it will take to contain the virus will primarily depend on the effectiveness of the health services, accuracy of policy decisions and the prudence of
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Selva Demiralp
02 March 2020, Monday / Published in Economy

Risks ahead of Turkey’s sustainable growth

Selva Demiralp Turkish growth figures that were released on Feb. 28 indicate that the fourth quarter growth was 6 percent while the annual growth rate for 2019 as a whole was 0.9 percent. When we take a look at the components of growth, we note that the driving forces were consumption and public spending. The
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