Remove Credit Rating Remove GDP Remove Long-term Remove Productivity
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The Real Challenge to Turkey’s Economy Isn’t Terrorism

Harvard Business Review

Turkey can’t rely on the current price stability buffer long-term, but it is helping now. It covers roughly 70% of Turkey’s GDP. Turkey’s general credit rating is still higher than that of Brazil, Croatia, Portugal, Cyprus, and Serbia. If they rise, a more problematic picture will emerge.

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Why We Build Fiscal Cliffs

Harvard Business Review

One issue right now is that the biggest element of the fiscal cliff — the scheduled expiration of the Bush tax cuts of 2001 and 2003 — is less the product of conscious pre-commitment than of American legislative complexity. credit rating but no observable increase in interest rates. entry into World War I.