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Turkey polls result not a disaster as feared

Country has matured economically, analysts say, to withstand inefficiencies of a coalition

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RULING TOGETHER: Mr Erdogan has urged Turkey's political rivals to form a government as soon as possible.

Istanbul

AS Turkey's ruling party faced losing its parliamentary majority, government officials had one resounding response: Remember what happened in the 1990s.

That era's bickering coalition parties stoked hyperinflation and rampant off-balance-sheet lending that culminated in

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