Turkey is just the latest developing economy to plunge into chaos. The Turkish lira has shed more than 40% since January, while the country's stock market has been cut in half.

Turkey is just the latest developing economy to plunge into chaos. The Turkish lira has shed more than 40% since January, while the country's stock market has been cut in half.

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The threat Turkey's crisis poses to the world

A dangerous mix of economic and political forces has triggered a crisis in Turkey and other emerging markets. Turkey is just the latest developing economy to plunge into chaos. The Turkish lira has shed more than 40% since January, while the country's stock market has been cut in half.