War in neighbouring Syria, Ben Bernanke’s May QE warning and the Gezi Park protests tested the international investor community’s faith in Turkey last year. That investors were still willing to back the country by the end of a turbulent 2013 is testament to Turkey’s economic management and their confidence in its longer term growth prospects. But if last year was tough, this year could be even harder — especially as the US Federal Reserve tapers quantitative easing.
Philip Moore reports.
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