Kriwoluzky, Alexander; Rieth, Malte - In: DIW Weekly Report 8 (2018) 38/39, pp. 355-363
budget consolidation, interest rate hikes, or lowering the target inflation rate could prevent a crisis. The most effective … and efficient measure is lowering the perceived inflation target by restoring central bank's independence, thereby … regaining investor confidence. Loans from international partners would also stabilize Turkey's currency, inflation, and economy …