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A poisoned chalice awaits Turkey’s election winner: The economy

Posted on AllSides May 7th, 2023
From The Left

Don't envy whoever wins Turkey's election this month. The victor could immediately be blown off course by strong economic headwinds. 

In the first decade of his 20-year rule, Recep Tayyip Erdoğan rode an economic boom — driven in part by manufacturers and exporters from conservative Anatolian heartlands that supported his ruling AK Party — turning Turkey into one of the buzzing emerging markets to watch. Robust growth — averaging more than 7 percent annually between 2002 and 2007 — was once Erdoğan's proudest boast.

Over the second decade of his rule,...

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