101. Step Up U.S. Involvement In Turkish Economic Crisis
- Author:
- Alan Makovsky
- Publication Date:
- 03-2001
- Content Type:
- Policy Brief
- Institution:
- The Washington Institute for Near East Policy
- Abstract:
- Turkey's economic near-meltdown last week — its second financial crisis in three months — was precipitated by political problems, not by narrowly economic issues. Until the political problems are addressed, the prospects for any new economic package will be questionable. With Turkish leaders and the International Monetary Fund (IMF) both seemingly floundering, Turkey likely would welcome suggestions on how to proceed, and the United States would do well to send a special high-level representative to Ankara for several days, as a source of informal advice and as a powerful symbol of U.S. support.
- Topic:
- Economics, Political Economy, Politics, and International Monetary Fund
- Political Geography:
- United States, Turkey, and Middle East