Modern day Turkey is best described as an illiberal democracy with a strongman leader who is exerting evermore control on the state's economic institutions. However, this exertion is not reflecting in the forecasted data in contrast to the terrible year of 2019. Turkey is an upper middle-income country that continues to be trapped in that state. It is an interesting country to look at for more mild and developed exposure to the Middle Eastern markets, as well as to the wider EM community.
We begin by looking at forecasted Turkish growth, which after drastically falling