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The economic balance sheet of Turkey’s local elections

The ruling party's loss of major economic centers in local elections deprives it of major resources amid a bruising economic crisis.
Skyscrapers are seen in the business and financial district of Levent, which comprises of leading banks' and companies' headquarters, in Istanbul, Turkey, March 29, 2019. Picture taken March 29, 2019. REUTERS/Murad Sezer - RC1956F82330
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The ruling Justice and Development Party's loss of big cities in Turkey’s local elections comes with important economic repercussions for the party, known as the AKP. The loss has stymied patronage networks that have been highly instrumental in expanding the party’s voter base, all amid an economic crisis.

No wonder the AKP has refused to concede defeat in Istanbul — the country’s economic powerhouse, which the main opposition Republican People’s Party (CHP) won by a razor-thin margin — and the capital, Ankara, forcing recounts for hundreds of ballot boxes since the March 31 vote.

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