Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Investing

Turkey’s Election Scenarios: The Good, the Bad, and the Scary

by May 11, 2023
May 11, 2023

Mustafa Akyol

Today, I have new a piece in National Review: “Turkey’s Election Scenarios: The Good, the Bad, and the Scary.”

It is about the fateful elections that Turkey will have this Sunday. (Which we will also discuss tomorrow at a Cato Institute Policy Forum: “Turkey’s Centennial Election: What Is at Stake?”)

Despite the dramatic deterioration in Turkey’s freedoms and rule of law, I explain, the elections are still real and competitive:

Turkey is not a Russia, China, or Turkmenistan, where free elections have never been held; Turks have lived under a decently competitive, free electoral system since 1950. All votes are counted openly in the presence of opposition‐​party representatives and independent observers, so it is not easy to cheat. That is why Erdogan’s ruling AK Party grudgingly lost the country’s two biggest cities, Istanbul and Ankara, to opposition mayors in 2019.

Which is why the presidential race between President Erdogan and the opposition candidate Kemal Kilicdaroglu is very tight. I see three possible scenarios — the good, the bad, and the scary:

The good scenario is that the opposition wins decisively, and Erdogan has no choice but to concede.

The bad scenario is that Erdogan wins decisively, as he has won every other election in the past two decades.

The scary scenario is a dispute over the results, which could escalate unpredictably in a country that is already extremely tense. This is possible especially if Kilicdaroglu wins with a very small margin, and Erdogan responds by taking a page from Donald Trump’s 2020 playbook. His hawkish interior minister has already prepared the way for this by calling the election “the West’s political coup attempt.”

Read more in National Review.

0
FacebookTwitterGoogle +Pinterest
previous post
Congress Should Protect Americans by Ignoring the FDIC’s “Reform” Options
next post
Trade Pullbacks — 3 Things to Know

You may also like

New IRS Tax Gap Estimate

October 11, 2024

Cato’s Caleb O. Brown: “Thank You for Listening”

April 22, 2025

Trump’s New Manufacturing Tax Break Could be a...

May 8, 2025

Is Foreign Aid Altruistic?

March 20, 2025

Argentina’s Paradigm Shift

November 21, 2023

Not Everything You Dislike Is a “Negative Externality”

January 24, 2025

As GLP-1 Drug Shortage Ends, Why Will Patients...

October 11, 2024

Modern Libertarianism Author: “It’s the Ideas’ Victories That...

March 14, 2025

Getting It Half-Baked: The Real Cause of Cannabis...

June 6, 2025

The Case Against Raiding Private Savings To Prop...

February 1, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Business leaders paralysed by risk warn BDO as caution stifles growth

      June 9, 2025
    • Starmer pledges £1bn investment to supercharge UK tech and AI infrastructure

      June 9, 2025
    • 5 terrifying flashpoints that could ignite global war

      June 9, 2025
    • HMRC inheritance tax investigations surge 37% as treasury seeks to plug revenue gap

      June 9, 2025
    • Believ secures £300m to roll out 30,000 public EV charge points across the UK

      June 9, 2025
    • US and China hold London talks to ease trade war tensions

      June 9, 2025

    Categories

    • Business (8,160)
    • Investing (2,019)
    • Politics (15,572)
    • Stocks (3,136)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved