Turkey focus: Chronology of a crisis
![Turkey focus: Chronology of a crisis](https://www.legalbusiness.co.uk/wp-content/uploads/2022/04/turkey_istanbul_waves-150x150.jpg)
Turkey is still defined as an emerging market economy; over the last 20 years, it established itself increasingly among the top-25 global markets, but could not maintain this upward trend in recent times. Recently, it has had to face a currency crisis due to the Turkish lira decreasing dramatically in value. At the same time, …