By Barçın Yinanç

November 9, 2023

A peace settlement in the Caucasus provides a huge window of opportunity for the realization of the Middle Corridor. Turkey needs to strike the right balance in its relations with Armenia and Azerbaijan while neutralizing the disruptive influence of Iran and Russia. Turkey, whose military backing has been decisive in Azerbaijan’s victories in Nagorno-Karabakh, needs to convince its close ally that it’s in their common interest that Armenia is rewarded for its policies, and that inaction could prove costly for regional peace and pan-Turkic ambitions.

By Reuben Silverman

January 12, 2024

On the eve of Turkey’s centennial anniversary celebrations, President Recep Tayyip Erdoğan held a mass rally in support of Palestine. He reminded his audience that, only a century earlier, Gaza had been part of the Ottoman Empire. He condemned Israel’s government and criticized the West for remaining silent in the face of Israel’s retaliatory killing of civilians, wondering if it wanted to encourage conflict between “crescent and cross.” Yet, while this heated rhetoric positions Turkey as the ultimate opponent of Israeli expansionism and protector of Palestinians, it obscures on-going Turkish-Israeli relations and the strategic interests that may limit Erdoğan’s actual diplomatic options.

By Barış Soydan

September 8, 2023

Hailed by markets as the “savior” of the Turkish economy, Mehmet Şimşek has in fact launched policies whose price will be borne by large segments of the public. Tax hikes, although narrowing the budget deficit, will further fuel inflation, increasing poverty. In this respect, the new fiscal policy resurrects the paradigm that guided the IMF program in 2001. However, staying true to the spirit of the IMF program is a recipe for political troubles ahead for the Erdoğan regime. With municipal elections due in March 2024, President Recep Tayyip Erdoğan may therefore well conclude that “heterodox” economic policies will have to be resurrected.