Coups Don't Depress Economic Growth

Turkey's economy isn't likely to be affected much by the military uprising, historical research shows.

Investors needn't fret.

Photographer: Emrah Gurel/AP Photo

As the chaos in Turkey is starting to clear, investors are asking what the failed coup might mean for the country’s economic future. The news stories show many conflicting elements in play, and right now it is hard to make specific verifiable claims about what the country can expect. We can, however, turn to the broader historical record, and that suggests failed coup attempts against democratic governments don’t much lower subsequent rates of economic growth in those countries.

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