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Turkey – Economy Supported By Rate Cuts

The national accounts update on September 2 showed the economy in the very early stages of a recovery after entering recession last year. GDP growth in q-o-q terms rebounded to +1.6% in Q1 and +1.2% in Q2, after contractions of -1.4% and -2.8% in…

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The Growth Forecast Puzzle

With vast technological change afoot, why are long-term growth forecasts becoming more pessimistic? M. Ayhan Kose, Franziska Ohnsorge, and Naotaka Sugawara Over the past decade, the implications of recent technological…

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