Currency Economics: The Collapsing Turkish Lira - A Level and IB Economics

Описание к видео Currency Economics: The Collapsing Turkish Lira - A Level and IB Economics

​The Turkish lira has collapsed losing more than 50 per cent of its value against the US dollar in just a few months. In this video we explore some of the main causes of this and examine a range of short and possible medium-term outcomes when a country suffers such a steep depreciation in the external value of their exchange rate. When a currency drops so quickly and so much, this creates a lot of economic and financial instability.

A modest competitive depreciation can help rebalance an economy and drive export growth. But will the drop in the lira threaten economic and political stability in Turkey?​​

#aqaeconomics #ibeconomics #edexceleconomics

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