Joris Gjata (vol. 2, no. 20 of the Turkey Analys)
Since May 10, 2008 Turkey has been negotiating with the International Monetary Fund (IMF) over another three-year Stand-by Agreement, the corresponding loan and its conditionality. Despite debates on the need for such agreement, implicit in the statements of the IMF and Turkey’s authorities, the fact is that they both want it. However, there is no deal yet, its conclusion being delayed by the Turkish government. The reason for such a delay is not the political cost of an IMF agreement, as is generally supposed: it is the lack of a compelling political benefit from announcing the decision early. Yet, the reluctance of the Turkish government risks coming at a cost for the recovery of the Turkish economy.
By Barry Rubin (vol. 2, no. 19 of the Turkey Analyst)
The Turkey-Israel alliance is over. After more than two decades of close cooperation, the Turkish government is no longer interested in maintaining close cooperation with Israel. Nor is it—for all practical purposes—willing to do anything much to maintain its good relations with Israel. The absence of any substantial, public criticism in Turkey of the Turkish government’s break with Israel does suggest the Turkish-Israeli relationship lacked deeper roots in Turkish society, and hence the potential to become a permanent one.
By Gareth H. Jenkins (vol. 2, no. 19 of the Turkey Analyst)
The October 24 announcement by Prime Minister Recep Tayyip Erdogan that he was postponing the planned arrival in Turkey from Europe on October 28 of 15 members and sympathizers of the outlawed Kurdistan Workers’ Party (PKK) was a tacit admission that the ruling Justice and Development Party (AKP) had seriously miscalculated a critical phase in the “Kurdish Opening”, which is designed to address the grievances of Turkey’s Kurdish minority and persuade the PKK to lay down its arms.
By M. K. Kaya (vol. 2, no. 18 of the Turkey Analyst)
Although uncertainty and complications remain, the agreements signed between Turkey and Armenia indicate the potential in expanding Turkey’s possibilities of access to the Caucasus and Central Asia. Furthermore, the cooperation agreements that have recently been signed among Turkic states are destined to eventually have far-reaching cultural, economic and political repercussions. But in these, a leading role is increasingly taken not by Turkey but by Kazakhstan and Azerbaijan.
The Turkey Analyst is a publication of the Central Asia-Caucasus Institute & Silk Road Studies Joint Center, designed to bring authoritative analysis and news on the rapidly developing domestic and foreign policy issues in Turkey. It includes topical analysis, as well as a summary of the Turkish media debate.
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