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Country Forecast Turkey Updater Product Image

Country Forecast Turkey Updater

  • Published: July 2014
  • Region: Turkey
  • 18 Pages
  • The Economist Intelligence Unit

The Economist Intelligence Unit expects the prime minister and leader of the ruling Justice and Development Party (AKP), Recep Tayyip Erdogan, to win the first direct election of the president in August 2014, despite nationwide anti-government protests in 2013 and mounting corruption allegations. We also expect the AKP to hold on to power beyond the next general election, which is due by mid-2015.

Because the powers of the president are limited under the current constitution, Mr Erdogan may have to bend the rules of the constitution to maintain control of the government and his party. It is Erdogan's declared intention, if he is elected, to use his position as president to overhaul the constitution to establish a presidential system of government. Such action would attract strong domestic and international criticism and increase the risk of political and social instability.

Mr Erdogan's push to resolve the decades-old Kurdish issue through the peace process started with Abdullah Ocalan, the jailed leader of the outlawed Kurdistan Workers' Party (PKK), stalled in 2013. However, the PKK has main-tained its ceasefire and is expected to resume the withdrawal of its militants READ MORE >

Country Forecast Turkey Updater

Country forecast overview: Highlights

Country forecast overview: Key indicators

Country forecast overview: Business environment rankings

Country forecast overview: Turkey's business environment at a glance
Policy towards private enterprise and competition
Policy towards foreign investment
Foreign trade and exchange controls
Taxes
Financing
The labour market
Infrastructure

Fact sheet

Outlook for 2014-18: Political stability

Outlook for 2014-18: Election watch

Outlook for 2014-18: International relations

Outlook for 2014-18: Policy trends

Outlook for 2014-18: Fiscal policy

Outlook for 2014-18: Monetary policy

Outlook for 2014-18: Economic growth

Outlook for 2014-18: Inflation

Outlook for 2014-18: Exchange rates

Outlook for 2014-18: External sector

Data summary: Global outlook

Data summary: Gross domestic product, current market prices

Data summary: Gross domestic product, at constant prices

Data summary: Gross domestic product by sector of origin

Data summary: Growth and productivity

Data summary: Economic structure, income and market size

Data summary: Fiscal indicators

Data summary: Monetary indicators

Data summary: Employment, wages and prices

Data summary: Current account and terms of trade

Data summary: Foreign direct investment

Data summary: External debt

Data sources and definitions
Global data
Domestic data
Abbreviations

Note: Product cover images may vary from those shown

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