Jens Bastian explains how Turkey in 2025 represents an instructive example about how to derail a macro-economic stabilization program that was starting to take root. Specifically, how can Finance Minister Simsek continue to credibly advocate his stabilization program when it can be politically obliterated by the
autocratic impulses foreign currency reserves from the of his superior?
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Publication:
24/07/2025
INTERNATIONAL NEW YORK TIMES_KATHIMERINI
Experts
Jens Bastian
Senior Policy Advisor; Independent Economic Consultant