15 graphs to explain why populism could wreck Turkey’s economy
The political race for the June 7 general elections in Turkey is turning into an auction of populism, which looks increasingly dangerous for the already-strained economy.
This month, Prime Minister Ahmet Davutoğlu, the leader of Turkey’s ruling Justice and Development Party (AKP), announced that the public sector would hire 120,000 people to plant trees and raise the retirement pension by 100 Turkish Liras, weeks after he heralded a 50 percent increase in the on-duty bonuses paid to health personnel.
More:15 graphs to explain why populism could wreck Turkey’s economy - EMRE KIZILKAYA
