|
Turkey, one of the oldest and most developed emerging markets, is set to reap the first fruits of an ambitious three-year disinflation programme launched in January. Politicians' belated attempts to end the chronically high inflation they have maintained for 25 years have wide-ranging implications for the corporate sector. The banking industry is set for dramatic consolidation, too, while an increasing number of family-controlled conglomerates is seeking to prepare for a more transparent, competitive environment.
|
