Eine Schicksalswahl macht noch keinen Regimewechsel. Wirtschaftspolitische Herausforderungen der Türkei
A Fateful Election Is not yet a Regime Change. Turkey‘s Economic Policy Challenges

Summary/Abstract: After two decades in office, first as prime minister and subsequently as president, Recep Tayyip Erdoğan secured an unprecedented third term at the helm of Turkey. The socio-economic challenges which the country faces had given the opposition parties a real chance at victory. But they were not decisive at the ballot box. The economic disaffection among many citizens towards Erdoğan did not guarantee success for the opposition alliance against the incumbent. The outcome of the presidential elections was shaped by non-economic issues. The cost of living crisis, currency depreciation and how the government will manage the reconstruction of housing and infrastructure after the devastating 6 February 2023 earthquake present major policy challenges for Erdoğan after his electoral victory.

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