Turkey’s booming economy breeds concern

Recent excessive growth comes with consequences that may leave high-flying economy vulnerable.

Turkey’s economy is on strong footing, in sharp contrast to Europe and parts of the Arab world.

But while the country’s economy grew 8.5 per cent in 2011 and exports are at a record high, growth is slowing.

If domestic consumers get nervous, and foreign investment goes down, Turkey may come closer than it would like to the current economic crisis.

Al Jazeera’s Anita McNaught reports from Istanbul.

Source: Al Jazeera