Can Turkey keep defying financial gravity?


June 22, 2022, 9:00 AM to 10:00 AM EDT
Virtual Event

Nicolas Véron (PIIE), Turalay Kenç (TOBB University of Economics and Technology, Ankara), and Sinan Ülgen (Carnegie Europe)

Event Summary

For years, Turkey has maintained an unconventional policy stance while avoiding major financial and economic disruption. But can it last much longer? Inflation is at record levels, and banks in particular are highly dependent on external financing.

Joining this episode of Financial Statements were:


Nicolas Véron
Senior Fellow, Peterson Institute for International Economics (PIIE)


  • Turalay Kenç
    Professor, TOBB University of Economics and Technology in Ankara
  • Sinan Ülgen
    Visiting Scholar, Carnegie Europe



About This Series

Financial Statements is a biweekly virtual event series hosted by Nicolas Véron that explores changes in the world of finance, encompassing themes of financial services regulation, corporate finance and governance, systemic fragility and crises, and structural changes driving business and policy trends in the financial sector.