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Erdoğan’s Economic Revolution

Since 2002, the Justice and Development Party (AKP) has been governing Turkey with remarkable success in economic terms. Now Prime Minister Recep Tayyip Erdoğan will begin a third term in office, a period during which Turkey is expected to "graduate" to developed-country status.

ISTANBUL – Since 2002, the Justice and Development Party (AKP) has been governing Turkey with remarkable success in economic terms. Indeed, its record is almost unique in Turkey’s modern history, comparable only with the rule of the Democratic Party (DP), which came to power in the 1950’s, at the start of multi-party parliamentary democracy in Turkey, and ran the country for a decade.

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