Turkey Is The Epitome Of What Can Go Wrong In The Emerging Markets

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“For those concerned about Turkey’s political crisis, Nomura’s senior political analyst Alistair Newton thinks ‘the risk to medium-term political stability is being overstated in some of the media – a tendency, which is likely to persist near-term as events continue to unfold.’

He expects the ruling Justice and Development Party (AKP) party to do well at the March 30 elections and expects Erdogan ‘to remain the dominant political figure for the foreseeable future, as either prime minister or the country’s first directly elected president.’”