How Turkey’s central bank plans to regain market confidence that it will eventually hit its 5% inflation target again remains a mystery.
Carsten Hesse
How Big Is the Turkish Contagion Risk for Emerging Markets?

Contagion from the Turkish crisis to other emerging markets is not widespread.
Turkey’s Economic Crisis: Does It Matter for the Eurozone?

A deep Turkish recession could lead to more migrants leaving Turkey for the EU. Currently more than three million Syrian refugees are living in Turkey.