People walk past shops inside a bazaar in Istanbul downtown, Turkey, Friday Aug. 8, 2014. (AP Photo/Emilio Morenatti)
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
President-elect Recep Tayyip Erdogan has based his political success on a strong Turkish economy, but a tricky external environment and concerns about the wisdom of some policies means he may have a bumpier ride ahead.The AKP has since overseen average annual growth of 5 percent since 2003 and the rise of many ordinary Turks to European levels of prosperity, achievements which helped Erdogan win seven elections and two referenda in just over a decade. The question now is whether Erdogan will be able to continue and build on these economic achievements when he moves from the office of the prime minister to the presidency Thursday. The country could face political instability ahead of 2015 legislative elections, when Erdogan wants the AKP to win a crushing majority and change the constitution to hand more powers to the presidency.Markets have also been shaken by the government's relationship with the central bank, which is nominally independent but has come under immense pressure from Erdogan to cut rates aggressively.
FOLLOW THIS ARTICLE