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The long and bitter fall: an account of events that shook the Turkish economy during September–December 2021

Published online by Cambridge University Press:  22 February 2022

Fikret Şenses
Fikret Şenses*
Affiliation:
Department of Economics, Middle East Technical University, Ankara, Turkey Email: fsenses@metu.edu.tr
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Abstract

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Keywords

Currency crisisexchange rateinterest ratestructural problemsshort- and longer-term perspective

Information

Type
Commentary
Information
New Perspectives on Turkey , Volume 66 , May 2022 , pp. 180 - 190
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Copyright
© The Author(s), 2022. Published by Cambridge University Press

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Footnotes

*

The author is a retired member of the Department of Economics at the Middle East Technical University.

References

1 Exchange rates given in this paragraph are indicative selling rates of the Central Bank, announced each day at 15:30 hours.

2 Erdogan’s zany monetary experiment is impoverishing Turkey, The Economist, 27 November 2021.