Turkey economy risks choppy waters under Erdogan presidency | Bangkok Post: news

News > World

Turkey economy risks choppy waters under Erdogan presidency

- +

ANKARA - Prime Minister Recep Tayyip Erdogan appears all but assured of winning upcoming Turkish presidential polls, but he could find himself in charge of a far more fragile economy than in the last decade of his rule. 

Turkish Prime Minister Recep Tayyip Erdogan speaks to members of Turkey's ruling Justice and Development Party (AKP) on July 1, 2014 in Ankara

Analysts say the Turkish strongman is jeopardising the long-term health of the economy by picking a fight with the nominally independent central bank and pushing it towards a looser monetary policy at a time of stubbornly high inflation.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

0 people commented about the above

Readers are urged not to submit comments that may cause legal dispute including slanderous, vulgar or violent language, incorrectly spelt names, discuss moderation action, quotes with no source or anything deemed critical of the monarchy. More information in our terms of use.

Please use our forum for more candid, lengthy, conversational and open discussion between one another.

  • Latest
  • Oldest
  • Most replied to
  • Most liked
  • Most disliked

    Click here to view more comments