By Ozan Serdaroğlu

December 23rd, 2015, The Turkey Analyst

The Turkish Justice and Development Party (AKP) government has always cherished strong economic bonds with the West, recognizing that both the EU and the U.S. are vital for Turkey’s foreign trade. Developments during the second half of 2015 show that further deepening of economic relations with Western countries has become a top priority. This new posture may also bring about considerable changes in domestic economic governance, ushering in a convergence of goals between the government and the economic elites in Turkey.

By Gareth H. Jenkins

December 21st, 2015, The Turkey Analyst

In theory, the restoration of the parliamentary majority of the Justice and Development Party (AKP) in the general election of November 1 should have been an opportunity to address Turkey’s many pressing problems, not least its international isolation and the cleavages in Turkish society. Instead, in the weeks since its election victory, the AKP has continued with the policies that it was pursuing before, not only exacerbating existing crises but creating new ones.

By Najia Badykova

December 9th, 2015, The Turkey Analyst

Despite sharp political disagreements, Russia and Turkey have in the past weathered difficult times, pragmatically handling their differences. However, the current crisis is substantially different from any other previous quarrel. In the current hostile environment between Ankara and Moscow, the idea of Turkey as a transit hub for Russian gas is unlikely to make any headway whatsoever. Yet Turkey and Russia remain interdependent. Reasonably, both will eventually re-engage and make efforts to safeguard common economic interests, including the now suspended Turkish Stream project. The result will depend on how soon they will be able to check and eventually defuse the tensions that are now rapidly building up.