The writing is solid, embellished with great detail and research, giving some new information here, reminding of some forgotten nugget there, though it lacks any penetrating new insight or revelation.
Emerging market stocks have been hit harder than it appears by the election of President Donald Trump.
Attention is on Turkey’s controversial referendum to transform Turkish President Recep Tayyip Erdogan into an “executive president". But little attention has been paid to a silent economic revolution and the appearance of sovereign wealth fund.
Many investors appear to have taken fright at Turkey’s instability and the course that Erdogan has set.
The president argues the executive presidency is essential to fight against the manifold economic and security threats bedevilling the nation.
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