The general elections on Nov. 1 come at a critical juncture in which Turkey's position in the global pecking order as the rotating president of the G20 would be put to a stringent test. A re-injection of political stability might alleviate many systemic risks and turn around gloomy expectations concerning the country's prospects.
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The structural challenges to neoliberalism are weakening global growth, the power shift from the West to the rest and climate change.
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In line with its multidimensional foreign policy line in recent years, Ankara adopted an attitude of proactive engagement with major regional institutional organizations such as the Arab League, Association of Southeast Asian Nations (ASEAN), Southern Common Market (Mercosur) and the African Union.
Last week, Erdoğan attended a conference on Turkey's transition to presidentialism at the Foundation for Political, Economic and Social Research (SETA) and stressed that the political leadership was "addressing issues that the Ottoman-Turkish modernization project had ignored for two centuries to build the system of government anew."
Political and bureaucratic actors should look for new ways to create synergies with think tanks, universities and civil intellectual initiatives such as the A20 to assure a better future for the "New Turkey in the New World."
This analysis tries to evaluate the effectiveness of the G20 on changing the global financial landscape.
As an emerging power from the Middle East and North Africa, Turkey must be more visible in Latin America and we very likely will be.
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Turkey assumes a leadership role by promoting dialogue, common thinking, solidarity and integration among Muslims.
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Actually, despite the possible disagreements between Turkey and other actors, analysts need to find out that due to the geopolitics of Turkey, its changing foreign policy and the transformation of international system, it is senseless to revive "fear factors" as a tool to explain foreign policy.
Turkey could be very active in pushing for a better deal from the IMF and the World Trade Organization (WTO) for developing countries in the context of crisis prevention strategies and the advancement of the Doha Development Agenda.
Turkey will enjoy the opportunity to bring its own policy priorities as well as the priorities of developing countries across those areas to the attention of the leaderships of 20 major world economies.
Turkey's revamped structural transformation program has finally been unveiled. This constitutes a historic milestone as the document signifies a change in the path of the development narrative followed over the course of the last decade.
Turkey's policy entrepreneurship within the G-20 has been weaker compared to similar middle powers, but holding the rotating presidency presents a golden opportunity to upgrade its activism in economic diplomacy platforms.
Turkey's presidency of the G20 in 2015 presents a golden opportunity to bring crucial development issues to the global governance agenda and stimulate dynamism of its national economy by forming new diplomatic and commercial linkages.
Whatever the rating decisions on Turkey, it is essential that, as the next president of the G-20, Turkey brings the issue of the objectivity of rating agencies onto the global agenda.