Carsten Hesse

Carsten Hesse is European economist at Berenberg Bank in London.

Turkey’s Next Challenge: How Bad Can Inflation Get?

How Turkey’s central bank plans to regain market confidence that it will eventually hit its 5% inflation target again remains a mystery.

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First Greece, Now Turkey?

Is Turkey entering a deep financial crisis just as Greece exits one?

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How Big Is the Turkish Contagion Risk for Emerging Markets?

Contagion from the Turkish crisis to other emerging markets is not widespread.

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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.

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