Turkey: Securing Stability in a Rough Neighborhood Case Solution
This Case is about ECONOMY, GLOBAL STRATEGY
PUBLICATION DATE: May 24, 2004
In precise terms, Turkey was obligated to repay. Each review required that Turkey fulfill specified targets of financial hold such as monetary sector, reforming the public sector, and increasing privatization. The nation’s long term aim would be achieved if the mandatory standards of the EU were satisfied. Elected in November 2002 and the first absolute majority in 15 years in Parliament, the AKP party guaranteed to satisfy with both EU and IMF conditions. Prime Minister Erdogan intended to show that Turkey was a stable, secular democracy although his AKP party had Islamic origins. After Turkey fulfilled the EU’s conditions, the question remained: Would the EU’s “Christian club” accept a Muslim Turkey?
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