Türkiye and the West: A posteriori positive-sum ballad

With the manifestation of the national will evident, it is now time for Türkiye and the West to reframe the post-election concordance path, create a new road map, resume economic cooperation and revisit the political common ground. The approach should focus on a renewed consensus on economic and political collaborations. They will undoubtedly be better off with more cooperation, rather than competition or just a loose liaison. The political (even ideological) differences should not cloud coherence, the ability to cooperate, and post-ballot collaboration.

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Türkiye and the West A posteriori positive-sum ballad
How will Türkiye mitigate nominal volatilities

How will Türkiye mitigate nominal volatilities?

The most common question on most minds nowadays would probably be the concern regarding how Türkiye is planning to bring inflation down and prop up the Turkish lira. Furthermore, why won’t policymakers raise interest rates like the U.S. Federal Reserve (Fed) or the European Central Bank (ECB)?

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Just to recapitulate an essential point: Although the entire economic outlook is not dire, nominal variables are challenging in Türkiye. Nevertheless, unemployment, growth rate, industrial production, export and fiscal budget balances are usually positive.

In the wake of the great disaster that Türkiye has experienced, we are trying to heal each other’s wounds, mitigate each other’s suffering and rush to each other’s aid as a nation. We are compelled to highlight the economic impact of what happened in the devastation’s immediate aftermath while our memories and pain are still fresh. It is necessary to state and acknowledge that any attempt to restore and improve the “living standards” of Turkish citizens must rest on this assessment within the framework of the basic idea that the economy is supposed to serve the people. Universally speaking, economics is the science of allocating scarce resources optimally and we need its accumulated experience and principles more than ever amid crises.

In particular, earthquake-resilient housing retrofitting or reconstruction needs massive additional funding schemes, as public or individual funding mechanisms could never be sufficient. In addition, millions of private properties or residential buildings built before 2000 require urgent strengthening or rebuilding.

The 2023 presidential election in Türkiye, which will pit the presidential candidates of two major alliances against each other, created a state of great intellectual and ideological mobilization. With the distinction between “us” and “them” forming the backbone of politics, polarization becomes inevitable. Indeed, polarization becomes more intense and widespread due to the presidential system giving rise to alliances and the Nation Alliance uniting around "anti-Erdoğanism" after two decades.

Minimum wages and unemployment nexus?

Minimum wage debates have even turned into a rather ideological debate all over the world

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Minimum wages and unemployment nexus
Multiplier effect of Turkish foreign policy on internal politics

Multiplier effect of Turkish foreign policy on internal politics

The perception of Erdoğan as a leader to guide Türkiye in an increasingly uncertain world has come to be shared even by the opposition as attempts by Kılıçdaroğlu to dictate the political agenda have been backfiring

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Greece, seeking to expand in Aegean, Eastern Mediterranean seas, sacrificed independence as ‘proxy’ state

In the post-pandemic order, Ankara seeks to explore new opportunities and find ways to reduce regional tensions

On the eve of the meeting between Erdoğan and MBZ, questions about possible issues that may be discussed and the meeting’s impact on bilateral and regional affairs have been discussed in media debates. Given that, experts in the field have contemplated these questions and have provided their opinions regarding the meeting.

Turkey has been following a policy combining the second and the third styles of politics. Turkey has adopted a holistic approach in its relations with African countries, combining its soft power (humanitarian aid, nongovernmental organizations and trade) with hard power (defense industry and arms sales). That is, Turkey will continue to improve its relations with Africa in all sectors whether it be economic, trade, defense, agriculture, tourism or the struggle against terrorism. In order to deepen Turkish-African cooperation, Turkey will host the third Economy and Business Forum in October and the third Turkey-Africa Partnership Summit in December, both in Istanbul.

In some social media platforms such as Twitter and Instagram, several hashtags (helpturkey, globalcall) claiming that the Turkish government cannot cope with the wildfires or deal with other issues were used to show the Turkish state as desperate and incompetent.

The July 15 failed coup attempt was one of the critical turning points of Turkish history and Turkish democracy. Indeed it was a significant day for many international actors who follow Turkey closely.

The Turkish opposition’s xenophobic approach towards Qatari investors is the pure reflection of their hostility against the government

The national conversation in Turkey remains focused on domestic politics as we get closer and closer to a critical meeting in the international arena where President Recep Tayyip Erdoğan is set to meet U.S. President Joe Biden for the first time, on the margins of the June 14 NATO summit.

Turkey’s 2023 elections, which will take place on the republic’s centennial, will be the most critical election in the history of Turkish democracy. You may disagree with that statement, recalling that past elections have been described the same way. You may add that commentators have talked about “historic” elections countless times since 2013.

The balance of power between the ruling Justice and Development Party's (AK Party) People’s Alliance and the opposition Nation Alliance will have a defining impact on Turkish politics and Turkey’s 2023 elections. Since all parties are aware of that fact, both sides began to take certain steps shortly after the 2018 election. For the record, they follow similar game plans: They want to consolidate their respective alliances and chip away at the opposing bloc.

Deputy Trade Minister Gonca Yılmaz Batur said that Germany is Turkey's most important trading partner in Europe, adding that the two countries aim to reach a $50 billion trade volume in the long run.

President Recep Tayyip Erdoğan’s emphasis on “a fresh mobilization for the economy, the law and democracy” energized the country. The scope, nature and sustainability of “the new chapter” and “reform” remain unclear. For now, there are a number of reform packages on the table that are intended to restore faith in Turkey’s justice system and to attract foreign investors.

Turkey has been upgrading its status in international politics and has recently achieved a higher degree of autonomy in its foreign policy. The stronger Turkey gets, the more threats it faces from friendly countries as well as adversarial actors, and the more it is otherized by foreign governments.