Middle East
Turkey's booming economy breeds concern
Recent excessive growth comes with consequences that may leave high-flying economy vulnerable.
Last Modified: 10 Jul 2012 11:41

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.


Al Jazeera
Topics in this article
Featured on Al Jazeera
UNHCR says hundreds of people trapped in Yaloke town risk death if they are not evacuated to safety urgently.
'Justice for All' demonstrations swell across the US over the deaths of African Americans in police encounters.
Six former Guantanamo detainees are now free in Uruguay with some hailing the decision to grant them asylum.
Disproportionately high number of Aboriginal people in prison highlights inequality and marginalisation, critics say.
Long-standing dispute over Christian use of the word 'Allah' raises concerns about a very un-Merry Christmas.
The threat posed by ISIL has prompted thousands of young Kurds to join the PKK.
Baja California - with its own grim history of disappeared people - finds a voice in the fight against violence.
Russian feminist rockers fight system holding 700,000 - the world's largest per capita prison population after the US.
Weeks of growing protests against Muslims continue in Dresden with 15,000 hitting the streets last Monday.