Sunday, September 16, 2007
Turkey update
Last July 22, the ruling, moderately Islamist Justice and Development Party (AKP) of Prime Minister Recep Tayyip Erdogan won a clear victory in a snap Grand National Assembly election triggered by a political crisis over the proposed election to the presidency of Abdullah Gul - who was finally chosen by the Grand National Assembly as head of state last August.One factor that contributed decisively to AKP's electoral triumph was its record of strong, sustained economic growth under Erdogan's tenure, and Edward Hugh takes an in-depth look at Turkey's economy in Turkey, Emerging Markets and the Coming Global Credit Crunch, Turkey, The Anatolian Tiger and Turkey, The Anatolian Tiger II, at Global Economy Matters.
