Voting behavior in the upcoming Nov. 1 elections will be determined by both the parties' campaigns on the economy and the opposition parties' failure to form a coalition government.
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Economists are fond of using the term new normal to depict the changing perception of normalcy in domestic and international markets following a major crisis, or turning point that radically alters the fundamental parameters of the system.
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Turkish economy is still in the process of rehabilitation from the structural damage of politically motivated judicial operations on Dec. 17 and Dec. 25 of last year against the incumbent AK Party government.
Tunisia and Morocco have improved their standards of democracy and positively responded to the demands of their people throughout the Arab Spring.
Erdoğan was right when he protested Western media reports associating Turkey with ISIS and the politically motivated decisions of credit rating agencies that contradicted their approach toward similar economies.
The Turkish people not only elected Erdogan, but they also voted against the founding ideology of the Republic.
Moody's criteria in rating countries mainly include political stability, growth potential, debt dynamics and economic stability. Based on these factors, there seems to be no excuse for not upgrading Turkey to the fit-forinvestment level long before 2013.
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One of the most significant challenges for the future of a Turkish democracy is the formation of democratic institutions that will protect the democratic achievements of previous decades.
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There are three presidential candidates, but actually only two of them are running and the other one keeps saying that "he will not be involved in politics."
İhsanoğlu comes from a place in Turkish politics that neither MHP nor CHP voters can easily identify with.