Turkey’s economic woes, compounded by the coronavirus pandemic, are increasingly forcing President Recep Tayyip Erdogan to consider early elections, leaving him stuck between pressure to reassert his leadership and fear of losing.
The next presidential and parliamentary elections are three years away, but talk of early polls is already abuzz amid the bruising impact of the pandemic. Many observers reckon that waiting for 2023 could augment the risks for Erdogan, who is facing an opposition enlarged by splinter movements from his Justice and Development Party (AKP).
Turkey plunged into economic turmoil in mid-2018, shortly after Erdogan was reelected under a new governance system that concentrated power in the president’s hands. The Turkish economy, which grew only about 1% last year, was still fragile when the coronavirus hit in March and was probably bruised worse than many other economies.
Ankara failed to offer support packages of the scope that other governments introduced to cushion the blows of the pandemic. Its measures focused largely on facilitating access to credit, i.e., borrowing means, and offered little to the worst-hit groups, including the jobless — whose number is estimated to have hit some 13 million — and small businesses and farmers, who needed mostly cash support and grants.
AL-MONITOR All-Access gives you unlimited access to all our journalism, the full Daily Briefing, exclusive interviews, premium newsletters, and live events — for less than $2/week.