Turkey: Can Damaged Credibility Be Restored?

15 March 2018 Turkey has a history of  "boom-bust" economic cycles.  And, while Turkey enjoyed an impressive 7% GDP gain in 2017, the telltale signs of overheating again have emerged.  In February 2018, for instance, inflation stood at 10.3% (granted, a bit lower than previous months), double the central bank's (CBRT) 5% target.  And, core [...]