Lessons from Turkey to SA: Economic independence is a battle: Without tighter capital controls, regulating the flow of money in and out of their economies, Turkey and South Africa are vulnerable to the whims of the financial markets
Erdoğan’s gamble, which uses monetary policy to drive investment and job creation, is not one that many are willing to take.
Faced with fears inflation will become entrenched, pushing advanced economies to withdraw accommodative monetary policy, most emerging market economies have gone in the opposite direction. While the Turkish central bank aggressively slashes interest rates, others, including South Africa, have started to raise theirs.Subscribers get access to all our best journalism, subscriber-only newsletters, events and a weekly cryptic crossword.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Lessons from Turkey to SA: Economic independence is a battleLessons from Turkey to SA: Economic independence is a battle - Without tighter capital controls, regulating the flow of money in and out of their economies, Turkey and South Africa are vulnerable to the whims of the financial markets
Read more »
Lessons from Turkey to SA: Economic independence is a battleLessons from Turkey to SA: Economic independence is a battle - Without tighter capital controls, regulating the flow of money in and out of their economies, Turkey and South Africa are vulnerable to the whims of the financial markets
Read more »
KAREN KEYLOCK: Slow transformation of SA’s fuel sector harms economic equalityBlack entrepreneurs still face challenges such as access to infrastructure, finance and markets
Read more »
ZHONGDONG TANG: The US’s ‘Summit of Democracy’ will revive Cold War mentalityChina solemnly urges the US to abide by the One China principle and stop offering any platform to ‘Taiwan independence’ forces
Read more »
ZHONGDONG TANG: The US’s ‘Summit of Democracy’ will revive Cold War mentalityChina solemnly urges the US to abide by the One China principle and stop offering any platform to ‘Taiwan independence’ forces
Read more »
Prince Kaybee says 'The 4th Republic' album 'fumbled' because of amapiano'I was playing at a club two weeks ago and a girl approached me asking when am I playing it and also why am I not dancing like Waffles,' Prince Kaybee shared.
Read more »