
The latest decision of the American Federal Reserve (FED) to end its asset purchases in 2014 has affected all developing markets, and particularly the Turkish economy, according to renowned MIT economist Daron Acemoğlu. “The Turkish economy is at greater risk right now, but this is not about the countrywide
protests,” Acemoğlu, a Turkish-American economist of Armenian descent, told a small group journalists on June 22, before giving a speech at Istanbul’s Bilgi University.