Is Turkey Thriving?

Turkey's ruling party, the Justice and Development Party or AKP, has built its fortunes by following an aggressive neo-liberal programme which has boosted the finance, real estate and tourism sectors. With the economy weakening, the AKP fears erosion of its support base; this explains why the p...

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Bibliographic Details
Published in:Economic and political weekly 2013-08, Vol.48 (31), p.13-16
Main Author: ÖNCÜ, T SABRI
Format: Article
Language:English
Subjects:
COMMENTARY
Economic aspects
Economic policy
Economists
Erdogan, Recep Tayyip
GDP
Gross Domestic Product
Investment banks
Macroeconomics
Neoliberalism
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Summary:Turkey's ruling party, the Justice and Development Party or AKP, has built its fortunes by following an aggressive neo-liberal programme which has boosted the finance, real estate and tourism sectors. With the economy weakening, the AKP fears erosion of its support base; this explains why the party can brook no criticism of its economic policies.
ISSN:0012-9976
2349-8846