Turkey's failed coup is likely to deteriorate the economy

Thomson Reuters The failed July 15 coup in Turkey has prompted a tsunami of responses by the government that is likely to have a lasting impact on all aspects of politics and society, including the economy. The initial arrest of military personnel who were involved or suspected of participating in the coup did not come as a shock. The next phase did, however, as massive waves of arrests and suspensions in the judiciary and government bureaucracy followed, as well as a declaration of emergency pr...