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.