Turkey’s Rising Geopolitical Uncertainty and Depreciating Lira Will Have Limited Impact on Global Service Delivery from Turkey
Risk Radar Newsflash

9 Nov 2021
by Anurag Srivastava, Parul Jain, Azaan Nazer

On October 18, 2021, Turkey’s President Recep Tayyib Erdogan threatened to expel diplomats from 10 Western nations; the situation deescalated later, preventing a full-blown diplomatic incident. Turkey has been experiencing a period of uncertainty amid souring relations with the US and other members of NATO and concerns around high inflation and the depreciating Turkish lira. At the same time, there has been increased interest and activity in supporting service delivery from Turkey in the past couple of years. This Risk Radar Newsflash examines the impact of Turkey’s geopolitical, macroeconomic, and security risks and their ramifications on global services players in Turkey.

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