Turkey's elections beyond the local context

Turkey's local election campaigning took on the tone and tenor of general elections this year, and survival was the predominant theme in President Recep Tayyip Erdogan's campaign discourse.

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Turkey's elections beyond the local context
Managing the economy in the new era

Managing the economy in the new era

Turkey is heading toward one of the most critical general elections next Sunday that will kick-start the practical implementation of the presidential government system.

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President Erdoğan's Istanbul manifesto is important not only because it puts forward his strategies in the lead-up to the June 24 elections but it also sets out his political vision

Despite support from several countries, Abdel Fattah el-Sisi is under pressure from within. Increasing security concerns, terror attacks in the Sinai, economic issues and foreign policy problems threaten the future of his regime.

The highlight of the congress will be Vladimir Putin's meetings with President Erdoğan and the messages that they will prefer to convey public opinion "between the lines.

Change Is On Horizon for Turkish Central Banking

Turkey's current central banking framework was structured in the aftermath of the twin crises in 2000-2001 and reflects the exclusive priority to maintain price stability and control inflation.

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Change Is On Horizon for Turkish Central Banking
In Search Of a New Central Banking Framework for Turkey

In Search Of a New Central Banking Framework for Turkey

It is clear that Turkey needs a new central banking framework. Current policies under inflation targeting do not respond to Turkey’s needs.

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Such a development will prevent the recurrence of current debates on the conduct of monetary policy and place it on a firm socio-political footing.

Turkey successful combination of fiscal discipline and welfare policies yielded desired results. The next step forward requires more R&D spending

As the presence of the foreign mainstream media in Turkey is felt more every day, young and unemployed foreigners who want to be journalists and free-lance reporters around the world rush to Turkey.

If Iran under Rouhani’s leadership adopts a foreign policy based on less defiance and more cooperation, it can contribute to Turkey’s regional vision that prioritizes stability and peace.

The economic transformation in the region will enable effective use of regional resources and ensure sustainable peace and environment of trust.

 SETA-DC PANEL DISCUSSION  Chair:     Kadir Ustun, SETA-DC   Speakers: Daniel Levy, New America Fnd. Stevn A. Cook, Council on F.R. Erol Cebeci,SETA-DC  Date: September 19, 2011 Monday  Venue: SETA-DC, Washington

Turkey is among emerging economies that have experienced sharp declines (in the form of structural changes) in the level of inflation rate since the mid-1990s. Motivated by the availability of better data on financial system characteristics and distributional measures, this brief explores the distributional and welfare impacts of the recent reduction in inflation on the Turkish economy. In particular, the extent of financial dollarization and the inequality in the distribution of demand and term deposits are documented. This brief points out that apart from the classical adverse effects of inflation such as price distortions and wealth eroding; redistributive effects of inflation might be created by the particular way that the fiscal policy responds to the monetary policy.

A recent poll by Pollmark, presented at the Foundation for Political, Economic and Social Research (SETA) think tank in Ankara, shows that terrorism is the number-one problem for many in Turkey.  

Currently, GAP is a regional development project that covers nine southeastern provinces extending over the wide plains in the basins of the lower Euphrates and Tigris rivers. Political and economical instability in Turkey in the 1980s diverted attention from the GAP Project and led to consecutive failures in meeting official targets for its progress within the initial time framework. Within the last five years,  

It was in 1965 when İsmet İnönü, former Turkish president and leader of the Republican People's Party (CHP), defined the CHP's position in Turkish politics as the "left of center."

Since 1960, nineteen Standby arrangements have been signed. With these agreements, significant progress has been made in Turkish economy: inflation has fallen to the lowest level since 1986, the public debt-to-GNP ratio has been falling, and interest rates have declined rapidly. IMF’s immediate goals concern exchange rate stability and balance of payments, and evaluations of IMF programs tend to concentrate on these two objectives. Yet, whether or not the IMF programs have positive effects on these short-term goals, what ultimately matters is that they induce economic growth and do not concentrate on incomes.