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What to Expect for the Turkish Economy in 2018

With Fed signaling that it will continue to increase interest rates, uncertainty regarding the future decisions of the European Central Bank, and due to high inflation and volatile exchange rates, the Central Bank of the Republic of Turkey is expected to maintain its tight monetary policy.

Rebalancing Turkey’s Foreign Policy

More nationalist discourses started to dominate multilateralist voices and security diplomacy started to become more central actors to Turkey’s foreign policy making since both the Turkish public and Turkish decision makers are getting increasingly disappointed by the US and EU’s indifference to its security concerns.