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Subject

The impact of last month's coup attempt on economic activity.

Significance

The business community is nervous post-coup. A state of emergency is in force and enterprises and business organisations that have had relations with the Fethullah Gulen movement face investigation.

Impacts

Companies working in and with Turkey need extra care about business partners, their public profiles and developments in politics and policy.

Stock exchange investors and funds must pay more heed to the risks and opportunities the political climate creates for individual firms.

Foreign direct investment may fall owing to additional uncertainty due to the political situation; some firms may divert investment abroad.

Media independence and pluralism will be weakened further, with private investors reluctant to own, or advertise in, opposition outlets.

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