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Keith Bradsher of the NYT provides glimpses of Turkey's slowing economy from a town set on the high speed rail line between Istanbul and Ankara. The shooting down of a Russian plane means the loss of farm exports to Russia. The wars in Syria and Iraq has reduced the exports to these countries. Cheap Chinese exports have also replaced Turkish exports in some countries. Wages for construction workers have dropped with Syrian refugees taking up jobs at lower wages. Construction continues to grow in Ankara and Istanbul as people from other parts of the Middle East invest in apartments in Turkey as a safe haven.
Grouped Articles
Tensions With Russia Add to a Chill in Turkey’s Economy
New York Times 11.29.2015
Turkey Moves to Clamp Down on Border, Long a Revolving Door
New York Times 12.22.2015
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E.U. Woos Turkey for Refugee Help, Ignoring Rights Crackdown
New York Times 03.08.2016
The New York Times 08.11.2016
Turkish military expert: Putin uses Turkey to achieve his own ends | News | DW.COM | 09.03.2017
DW.COM 03.09.2017
Turkey's economy rebounds from post-coup weakness | Business | DW.COM | 31.03.2017
DW.COM 03.31.2017
Turkish economy contracts amid instability | Business | DW.COM | 12.12.2016
DW.COM 12.12.2016
Turkish Economy Heading Toward Crisis under Erdogan - SPIEGEL ONLINE
SPIEGEL ONLINE 03.31.2017
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