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Turkish President Recep Tayyip Erdoğan began his third term in May 2023 with the appointment of Mehmet Şimşek as finance minister and the business executive Hafize Gaye Erkan as governor of the central bank. Both are widely acknowledged and experienced proponents of orthodox economics. The...
Persistent link: https://www.econbiz.de/10014462327
The AKP leadership's diaspora policy has created tensions between Turkey and European countries. Turkey's gradual slide into authoritarianism, Islam's steady expansion into public life and the increasing divergence between the foreign and security policies of Turkey and the EU have deepened the...
Persistent link: https://www.econbiz.de/10014540199
The inclusion of technocrats and bureaucrats in Turkey’s new cabinet has led to cautious optimism over a possible change in direction. While President Recep Tayyip Erdoğan’s choice of economy minister hints at a reset, the thrust of foreign policy will remain unchanged. Here Ankara will...
Persistent link: https://www.econbiz.de/10014424340
Turkey is at risk of descending into autocracy. That risk persists even though the resistance put up by the opposition Republican People’s Party following the arrest of Mayor of İstanbul Ekrem İmamoğlu has saved the party - at least for now - from being placed under a trustee and the...
Persistent link: https://www.econbiz.de/10015402613