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Country Forecast Turkey Updater Product Image

Country Forecast Turkey Updater

  • ID: 2105426
  • November 2014
  • Region: Turkey
  • 16 Pages
  • The Economist Intelligence Unit

The Economist Intelligence Unit's baseline forecast is that Turkey's political scene will continue to be dominated by the religiously conservative ruling Justice and Development Party (AKP) and by its former prime minister and now president, Recep Tayyip Erdogan.

We expect the AKP to remain in power beyond the next general election, which is due by mid-2015. It is Mr Erdogan's declared intention to overhaul the constitution to establish a presidential system of government. The concentration of power in the hands of Mr Erdogan without effective checks and balances in place raises concern about the future of Turkey's democratic and policymaking institutions, which increases the risk of political, economic and social instability.

The conflicts in Iraq and Syria are threatening Turkey's internal and external security. The Turkish government's refusal to intervene to support efforts to prevent the jihadist Islamic State (IS) from capturing the Kurdish-controlled town of Kobane on the Syrian side of the border with Turkey has led to accusations that it tacitly supports the extremists' advances. This triggered violent Kurdish anti-IS protests and counter-protests in the Kurdish-inhabited south east of the country. This violence and the recent murders in the south-east of several members of the armed forces threaten to undermine the government's bold push to resolve the decades-old Kurdish issue.

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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 2015-19: Political stability

Outlook for 2015-19: Election watch

Outlook for 2015-19: International relations

Outlook for 2015-19: Policy trends

Outlook for 2015-19: Fiscal policy

Outlook for 2015-19: Monetary policy

Outlook for 2015-19: Economic growth

Outlook for 2015-19: Inflation

Outlook for 2015-19: Exchange rates

Outlook for 2015-19: 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
Note: Product cover images may vary from those shown

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