Turkey's Market Rout 'Can Be Contained,' Says GAM's McNamara

The video discusses Turkey's current economic situation, highlighting its potential as a future investment opportunity despite current challenges. It examines Turkey's need for foreign currency and possible IMF intervention. The risk of contagion to other markets is considered minimal, with Argentina being the only comparable case. The video concludes with concerns about a potential crisis and capital controls in Turkey, which could affect the asset class's reputation.

In what ways could Turkey's crisis affect other emerging markets?

What are the potential consequences if Turkey imposes capital controls?