The Post-Referendum Turkish Economy: How to Write the New Chapter
By Hatice Karahan on May 24, 2017
The Post-Referendum Turkish Economy: How to Write the New Chapter
Turkey has left its constitutional referendum behind, along with the associated political uncertainties. In fact, not only the referendum but also certain earlier developments including the parliamentary elections in 2015 and the failed coup attempt in 2016 caused the country to deal with uncertainties for a considerable period of time. As a result, the governments in charge could not go above and beyond to implement the policies required for the transformation of the economy. Now that the country seems to have a period of at least two years without any elections on the road, it is time for the government to thoroughly focus on economic priorities. That is indeed what the interested economic agents will be watching in the months and years to come. In that respect, there is no doubt that the success of the Turkish economy in the near future and beyond will depend on how it will maintain and take advantage of its strengths while fixing the weaknesses.
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