Is Turkey’s Political Consolidation Leading to Economic Consolidation?

[kreslik.news]

As Turkish President Recep Tayyip Erdogan gradually tightens his grip on the nation’s political and economic functions, the latest coup efforts give him more fodder has he continues his crackdown on dissent and broad consolidation of power.  Even though Turkey boasts extremely high economic activity, especially among emerging economies which have borne the brunt of the deceleration in global trade, Turkey has managed to avoid many of the problems facing advanced economies such as deflation and sluggish growth.

However, the coup and Erdogan’s recent manoeuvring could create significant challenges for the outlook, especially foreign investor confidence as the ongoing solidification of ... (read more)