Episode 11-Turkey's economy: Past, Present and Future

Since the Presidential elections in May 2023, Turkey has shifted back to orthodox economic policymaking. This included the appointment of Mehmet Şimşek, a well-respected figure, as finance minister, and adopting more conventional economic policies.With a renewed focus on containing inflation, stabilising the currency, and attracting foreign investors, Turkey is slowly recovering from years of economic strain. Notably, diplomatic relations with the UAE and Saudi Arabia have improved, leading to increased investment and trade. In our 11th episode, we spoke to Atilla Yesilada, a respected economist and political commentator.In this episode we spoke about several topics including:Turkey's political economy dynamicsThe current political and economic environment Ankara's rapprochement with Gulf statesIntro theme song-'Tales of the Arabian Nights' composed by StudioKolomna via Pixabay