New York Times (January 6)
Turkey’s President “had already built a disturbing record as an authoritarian leader willing to trample on human rights, the rule of law and political and press freedoms,” but this week he hit a new low when citing Hitler’s Germany as precedent for expanding his powers. “Erdogan has fallen far from the days when he could be regarded as a respected leader of a Muslim-majority democracy and a trusted partner in the region.”
Tags: Authoritarian, Democracy, Disturbing, Germany, Hitler, Human rights, Muslim, Press freedom, Rule, Turkey
The Economist (June 13)
In Turkey, voters sent a “signal to Erdogan.” They showed “they prefer liberal democracy to Islamist autocracy. But they have made it harder to form a government,” which is creating some uncertainty. President Erdogan’s future is also uncertain. Though “his march towards one-man rule has been checked, it is premature to write him off.”
Tags: Democracy, Erdogan, Government, Islamist autocracy, Turkey, Uncertainty, Voters
New York Times (May 24)
For today’s dictator, “soaring approval ratings are a more cost-effective path to dominance than terror.” While a few violent dictators still remain, there has been a sea change in methods. “A new brand of authoritarian government has evolved that is better adapted to an era of global media, economic interdependence and information technology.” So-called ‘soft’ dictators like Turkey’s Recep Tayyip Erdogan, Peru’s Alberto Fujimori and Malaysia’s Mahathir Mohamad “concentrate power, stifling opposition and eliminating checks and balances, while using hardly any violence.”
Tags: Approval, Authoritarian, Cost-effective, Erdogan, Fujimori, Government, IT, Mahathir, Malaysia, Media, Opposition, Peru, Soft dictators, Terror, Turkey, Violence
New York Times (December 6)
“Mexico, Indonesia, Nigeria and Turkey — the so-called MINT economies — along with the more developed South Korea,” could surpass Italy, the world’s eighth largest economy, to each contribute 3-5% of global GDP. The MINTs may even give some of the BRICs a run for their money. Jim O’Neil, who coined the term BRIC to refer to Brazil, Russia, India and China, thought each had potential to produce 5% of global GDP. China’s already there and India will be soon, but it’s becoming apparent that Brazil and Russia will struggle without reforms. While the MINTs “have many challenges, they all have exciting potential, and could become mini-giants, if not quite on the scale of some of their well-known BRIC colleagues.”
Tags: Brazil, BRIC, BRICS, China, GDP, India, Indonesia, Italy, Jim O’Neil, Mexico, MINT, Nigeria, Reforms, Russia, South Korea, Turkey
The Economist (November 8)
Brazil and Russia are the “dodgiest duo” of the six susceptible emerging markets, which also include India, Indonesia, South Africa, and Turkey. India and Indonesia now appear relatively “secure” while both South Africa and Turkey have bright spots. However, “the mixture Brazil and Russia face—falling currencies, high inflation and slow growth—could make 2015 a very bad year…. Even optimists think the pair will be lucky to grow in 2015. Pessimists see tumbling currencies, bond-market routs and even bank runs.
Tags: 2015, Bank runs, Bond market, Brazil, Dodgiest duo, Emerging markets, Falling currencies, India, Indonesia, Inflation, Russia, Slow growth, South Africa, Turkey
Financial Times (October 8)
Isis looks poised to capture Kobani and much of Syria’s border with Turkey. Will this finally jolt Turkey’s president, Recep Tayyip Erdogan, out of his ambivalence? “If he is to retain the confidence of his longstanding allies, Mr Erdogan should move decisively against Isis and put an end to international perceptions that he is willing to dally with this deadly foe.”
New York Times (September 8)
“For the International Olympic Committee, environmental concerns in Japan appeared less urgent than the Syrian war on Turkey’s border, a harsh crackdown against antigovernment protesters recently in Istanbul and Spain’s economic recession and high unemployment…. Amid such economic, political and human rights maelstroms, Tokyo was seen as a calm harbor. It won handily over Istanbul in the second round of voting, 60-36, in a secret ballot of Olympic delegates.”
Tags: Environmental concerns, Human rights, IOC, Istanbul, Japan, Olympics, Recession, Spain, Syria, Tokyo, Turkey, Unemployment
Euromoney (July issue)
“June was the worst month for emerging markets since at least 2008. What about the next five years?… Growth prospects in the US and Japan are improving, just as those in the emerging markets are worsening. That is a fundamental switch to what markets have been used to.” Investors will “no longer ignore China’s lower growth rate, or the simmering political confrontations in Turkey and some other emerging markets.”
Tags: China, Confrontations, Emerging markets, Growth, Investors, Japan, Turkey, U.S.
The Economist (June 29)
“Over the past few weeks, in one country after another, protesters have risen up with bewildering speed. They have been more active in democracies than dictatorships. They tend to be ordinary, middle-class people, not lobbies with lists of demands. Their mix of revelry and rage condemns the corruption, inefficiency and arrogance of the folk in charge.” Whether it’s Brazil, Turkey, Sweden, Bulgaria, India or elsewhere, politicians should beware.
Tags: Brazil, Bulgaria, Corruption, Democracies, Dictatorships, India, Inefficiency, Middle class, Politicians, Protesters, Rage, Revelry, Sweden, Turkey
The Economist (June 8)
The riots in Turkey have less to do with religion and more to do with concerns over unchecked power. Prime Minister Tayyip Erdogan has racked up numerous successes in governing Turkey, but his power has grown to uncomfortable proportions. “The real lesson of these events is about authoritarianism: Turkey will not put up with a middle-class democrat behaving like an Ottoman sultan.”
