The current good times will be followed by more turbulence and economic pain for the developing world.
![Cars rush through the business district along the Sudirman avenue in Jakarta, Indonesia [Getty]](https://www.aljazeera.com/wp-content/uploads/2016/10/25064123b92f428394aa5f8c519a6237_18.jpeg?resize=770%2C513&quality=80)
Atilla Yesilada is an Istanbul-based partner of independent think tank GlobalSource Partners.
The current good times will be followed by more turbulence and economic pain for the developing world.
The biggest threat from an escalation of conflict with the West would be a blow to Turkey’s fragile balance of payments.
The fragmentation of the EU carries huge costs for Turkey, which can only be ameliorated by closer integration.