Nobel laureate economist on the 'if Trump wins the election' scenario

Nobel laureate economist Paul Krugman delivered a speech titled "The Changing Global Economy and Turkey" at the 100th-anniversary event of Türkiye İş Bankası. Krugman stated that a Trump victory in the US presidential election would be a major shock for the global economy.

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Nobel laureate economist on the 'if Trump wins the election' scenario

Nobel laureate economist Paul Krugman was a speaker at the conference titled "Looking to the Next Century with Atatürk's Vision," held to mark the 100th anniversary of the founding of Türkiye İş Bankası. Known for his academic expertise in international economics, trade theory, economic geography, and international finance, Nobel laureate Prof. Dr. Paul Krugman delivered a speech titled "The Changing Global Economy and Turkey."

In an interview with CNBC-e, Krugman stated that things are stabilizing in Turkey and that there is an advantageous environment. In his assessment of the Turkish economy, he also underscored that foreign investors are seeking stability.

Stating that there is still a risk of crisis for developing countries, Krugman also shared his comments regarding the US presidential election.

Krugman said, "If Trump is elected, it would be a major shock for the global economy."

News Source: 12punto