/ 4 December 2021

Lessons from Turkey to SA: Economic independence is a battle

Topshot Turkey Politics Demonstration
Protests: Turkey has seen opposition to the country’s declaration of   ‘an economic war of independence’ by refusing to rein in inflation using higher interest rates and other measures. (Yasin Akgul/AFP/Getty)
Without tighter capital controls, regulating the flow of money in and out of their economies, Turkey and South Africa are vulnerable to the whims of the financial markets

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