ASSESSMENTS

Turkey's Footing in the Global Economic Crisis

Nov 26, 2008 | 23:32 GMT

PEDRO UGARTE/AFP/Getty Images

Summary

The Organization for Economic Co-operation and Development on Nov. 25 said Turkey is one of the countries that will face a severe crisis in upcoming months. While Turkey is at risk and is certainly feeling the effects of the current global economic crisis, it is better equipped to handle the 2008 financial storm than it was to handle its own economic crisis in 2001.

Turkey is feeling the effects of the global economic crisis, but it is stronger than it was seven years ago....

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