Markets Won’t Sit Still for Erdogan's Actions, Posen Says

The transcript discusses Turkey's political and economic situation under Erdogan's leadership. It highlights Erdogan's consolidation of power and its impact on the economy, including potential IMF intervention. The discussion also covers international relations and the challenges Turkey faces in achieving economic recovery.

What strategy has Erdogan used to consolidate power in Turkey?

• Economic liberalization

• Rapid and aggressive reforms

• Gradual accumulation of power

• International alliances

What is a potential consequence of Turkey's current economic policies?

• Strengthened currency

• Need for an IMF bailout

• Increased foreign investment

• Economic stability

What role might the EU play in Turkey's economic situation?

• Providing military support

• Offering a softer bailout than the IMF

• Encouraging political reforms

• Imposing trade sanctions

What is necessary for Turkey to return to economic stability?

• Increased political control

• Central Bank independence

• More political decisions on businesses

• Higher foreign currency loans

What commitment is crucial for Erdogan to make for economic recovery?

• Reducing foreign relations

• Maintaining Central Bank independence

• Increasing political influence

• Expanding foreign currency loans