IMF's former chief economist praises Turkish economy

ANKARA (A.A) - IMF's former chief economist Kenneth Rogoff has said that Turkey recorded an impressing success in global economic crisis milieu and showed how good its economy was in Europe.
Rogoff told A.A on Tuesday that Turkey implemented successful policies over the past years, and it was currently in better condition when compared to many countries today.
Noting that Turkey had also some problems with current account deficit and overvaluation in Turkish lira (TL), Rogoff said that those problems would not affect Turkey in short term, however, if Turkey did not take necessary measures and did not implement structural reforms, those problems could negatively affect the country in coming years.
Rogoff said that Turkey could solve the current account deficit problem by focusing on structural problems.