Economics & Global Affairs

On June 24, Turkey will go to early presidential and parliamentary polls. The snap elections come amidst significant macroeconomic turmoil. As fears persist over the strength of Turkey’s economy, what can be said about how the ruling Justice and Development Party (AKP) has managed public resources since its arrival into power in 2002? Do patterns of government spending reflect development or economic needs or do political priorities largely dictate how budgets are allocated?

Throughout the 2000s, Turkey was portrayed as a model of social and economic success for other countries in the MENA region. Ahead of the country’s early presidential and parliamentary polls, this column reports research evidence on how the ruling Justice and Development Party has managed public resources and fostered local economic development since it took power in 2002. The government has played a substantial role in influencing local economic performance on a discretionary basis.

Kyriakos Mitsotakis (Harvard BA ’89), president of the Greek opposition party Nea Dimokratia (New Democracy,) laid out his vision for a tough but achievable strategy to revitalize the Greek economy and strengthen the nation’s ties to the European Union in an October 13 seminar.

Tawakkol Karman, Yemeni activist and recipient of the 2011 Nobel Peace Prize, served as a Fisher Family Fellow with Harvard’s Future of Diplomacy Project. An outspoken and passionate advocate for human rights, she was critical of the inaction of international institutions and developed nations in response to rights violations in the Middle East.

A corporate culture failure raises the questions of whether the in-house lawyers knew about the false-account practice.

The tensions unsettling the Saudi royal family became clear in September, when Joseph Westphal, the U.S. ambassador to Riyadh, flew to Jiddah to meet Crown Prince Mohammed bin Nayef, nominally the heir to the throne. But when he arrived, he was told that the deputy crown prince, a brash 30-year-old named Mohammed bin Salman, wanted to see him urgently. Senior Fellow, David Ignatius, discusses Mohammed bin Salman opportunity to transform Saudi Arabia.

With Venezuela spinning into chaos and collapse, the Obama administration has pondered how to nudge the imploding nation toward political change -- without making Uncle Sam a target. The administration appears to have found the right formula this week. FDP Senior Fellow, David Ignatius examines US diplomatic options in relation to the South American country's crisis and critical time constraints to protecting our interests.