Is this the end of Turkish miracle? - Al-Monitor: The Middle Eastʼs leading independent news source since 2012

Kerim Karakaya

Kerim Karakaya

Feb 8, 2016

Turkish men and women are seen on the famous Istiklal shopping street in Istanbul, Dec. 17, 2015. — Chris McGrath/Getty Images

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International Monetary Fund (IMF) Managing Director Christine Lagarde (L) chats with Turkey's Deputy Prime Minister Ali Babacan (R) and Turkish Central Bank Governor Erdem Basci (C) during a family photo session at the G20 finance ministers and central bank governors meeting in Istanbul February 10, 2015. The United States urged a meeting of the Group of 20 leading economies not to resort to currency devaluations to boost exports, while a draft communique gave a gloomy assessment on Tuesday of the outlook f

Turkey’s incomes circle the drain

Mehmet Cetingulec

Mehmet Cetingulec

After political shake-up, is Turkey heading for economic crisis?

Kerim Karakaya

What's behind Turkish economic miracle?

Pinar Tremblay

People withdraw money from an ATM at the main shopping and pedestrian street of Istiklal in central Istanbul, Turkey January 30, 2016. Inflation has become Turkey's biggest economic challenge, hitting the pockets of ordinary people even as President Tayyip Erdogan and the ruling party have built their reputation largely on economic growth and stability. Picture taken January 30, 2016. REUTERS/Murad Sezer - RTX25JC7

Will Turkey's negative growth rates lead to political crisis?

Mustafa Sonmez

In Istanbul, reporting on economics