Independent and cutting-edge analysis on Turkey and its neighborhood

 

The new Turkish government took office in  November 2002. The Justice and Development Party (AKP) won the November elections and established a single-party government. Although it has Islamic roots, the party can be classified as a center-right party both politically and economically. The government's economic program is based upon the strategy and the targets of the existing stabilization program.However, it must be acknowledged that the performance of the AKP government up to now, has not been very successful with respect to the economy. Fiscal easing and delays in the implementation of structural measures made negotiations with the IMF difficult. There are two major issues that might dramatically affect the performance of the Turkish economy in 2003. The first one is success in implementing the existing economic program, and the second one is the conflict in Iraq.
 
CONTRIBUTOR
Veyis Fertekligil
Veyis Fertekligil
From the Desk of the Editor Over the last couple of years, Turkey has weathered multiples storms in close succession: two general elections that took place in a polarized political climate, an escalation of the Turkey-PKK conflict, a crisis with Russia, the 2016 failed coup attempt followed by state of emergency measures, and the continued threat of terrorist attacks. The aftermath of the constitutional referendum in April...
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