Saturday, May 14, 2016

Systemic transition requires economic stability



Sadık Ünay, Daily Sabah

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Excerpt:
Turkey is currently going through a period of imminent systemic transition indicated by the recent resignation of the Prime Minister Ahmet Davutoğlu as a result of prolonged disagreements concerning the use of executive powers with President Recep Tayyip Erdoğan. ...
[E]xpected debates concerning the modalities of presidentialism seen as appropriate for Turkey's conditions must be advanced with always one careful eye on the health of economic parameters. The AK Party and the government could be advised to finalize and specify their suggested system proposal in the shortest time possible to ensure a smooth and timely transition rather than prolonged, heated debates and uncertainty. Public diplomacy and communication with investors are also critical to govern domestic and international perceptions regarding the future prospects of the country. At the end of the day, a successful transition to a presidential system will be only meaningful if it can be finalized without any fundamental disruption in the country's socio-economic prowess created over the last decade and a half. Therefore, the formula must be political change with economic stability.

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