Could A Coalition of the “Friends of Turkey” Ride to Turkey’s Financial Rescue?
Source:Council on Foreign Relations Date:14Sep2018
Brad Setser tries to answer the most important question vexing Turkey’s lenders. Can “Turkey’s friends, i.e. Russia, Qatar, China, etc, bail out the country, in case foreign lending dries up, say for instance, if US imposes sanctions on Turkish financial intermediaries.
Very enlightening scenario analysis.