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Capital Economics Thanks to a strong start to 2018, Turkey's economy is likely to grow at a solid pace over the course of the year, but in the second half, a recession has clearly taken hold ...

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In economics, capital consists of assets that can enhance one's power to perform economically useful work. For example, in a fundamental sense a stone or an arrow is capital for a hunter-gatherer who can use it as a hunting instrument, while roads are capital for inhabitants of a city. Adam Smith defines capital as "that part of man's stock which he expects to afford him revenue". The term "stock" is derived from the Old English word for stump or tree trunk. It has been used to refer to all the The latest Tweets from Capital Economics (@CapEconComms). Insights and research on commodities from Capital Economics. Subscribe: http://t.co/iC7hixhPsC Follow our ... We are excited to announce the launch of the Capital Economics Asset Allocation service. This new service considers the asset allocation implications of our comprehensive macroeconomic and financial market research, which is produced by a team of more than 60 economists covering every region of the world. The lira crisis is bad enough to push Turkey from 7% GDP growth into recession, according to Capital Economics. Contagion will be limited — the Turkish economy just isn't that big. Economic capital is a measure of risk in terms of capital. More specifically, it's the amount of capital that a company (usually in financial services) needs to ensure that it stays solvent given ...