Newly released market study: Turkey Country Risk Report Q2 2016

From: Fast Market Research, Inc.
Published: Thu Apr 14 2016

Relative to the past decade, we expect slower, more balanced growth in the next decade on the back of less abundant foreign capital inflows and slower domestic credit growth.

Turkey faces a challenging foreign policy environment amidst heightened regional tensions and rising external security risks as the government attempts to cement its role as an economic and political power in the region.

With the Justice and Development Party (AKP) regaining its parliamentary majority in the November 2015 general election, Turkey will operate under a de-facto executive presidential system, with negative implications for institutional quality and government checks and balances.

A collapse of the government's ceasefire with the Kurdish separatist PKK is a major step back for the country, weighing on growth potential.

Full Report Details at

While the government's debt load is low by regional standards, the private sector's rampant external borrowing in previous years has greatly increased macroeconomic risks.

Despite cheaper oil, Turkey's current account deficit will remain large and a major macroeconomic vulnerability. Turkey will remain reliant on short-term foreign capital inflows to cover the sizeable current account shortfall, leaving it prone to tightening global liquidity and shifts in international risk sentiment.

A dovish central bank will keep inflation above target and ensure a volatile growth trajectory.

Key Risks

The major risk to Turkey's macroeconomic trajectory in the coming years stems from its large external financing requirement. Turkey's large current account deficit and dearth of foreign direct investment inflows leaves the country vulnerable to external shocks and a major outflow of foreign capital, which becomes more likely as the US Federal Reserve commences a tightening cycle. As such, we believe risks to growth are weighted primarily to the downside.

Geopolitical conflict and rising incidence of terrorist attacks within Turkish borders have weighed on external trade and tourism inflows, and may escalate in the coming year, dampening further the growth outlook.

Assess your risk exposure in Turkey with our 100% independent forecasts assessing the pace and stability of this key market. Backed by trusted data from BMI Research's 52 million data point economic forecast model, this report will allow you to measure political, economic, business environment and operational risks in Turkey with confidence.

Your subscription service includes:
Delivery of the report in print and PDF
Online access for 12 months
The functionality to translate your online report into your choice of 10 languages - Arabic, Chinese, French, German, Italian, Japanese, Korean, Portuguese, Russian and Spanish
The ability to export data and graphs from the online report directly into your workflow

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Cote d'Ivoire Country Risk Report Q2 2016
- France Country Risk Report Q2 2016
- Botswana Country Risk Report Q2 2016
- Kenya Country Risk Report Q2 2016
- Philippines Country Risk Report Q2 2016

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email:
Contact Phone: 1-413-485-7001

Visit website »