Emerging Markets: A Do-Over in Turkey?
By Peter Kohli, August 26, 2015, 09:56:46 AM EDT
Sometimes I get the feeling that the political and economic situations in Turkey are beginning to unravel at the hands of one man. Recep Tayyip Erdogan, who was Turkey’s prime minister three times and is now president, appears to be upset that back in June when parliamentary elections were held, the voters “had the temerity to deny his ruling Justice and Development Party a fourth consecutive parliamentary majority,” as the Financial Times put it. It seems that he wants one-party rule.
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