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ARTICLES & REPORTS May 03, 2023 25:14MINS

Turkey's election: What Erdogan's victory means

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John Raines

Principal Global Risks Adviser and Head of North America, Economics & Country Risk, S&P Global Market Intelligence

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Andrew Birch

Associate Director, Insights and Analysis, S&P Global Market Intelligence

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Jessica Leyland

Senior Analyst – Middle East & North Africa, S&P Global Market Intelligence

On May 28, voters in Turkey went to the polls for a second time to choose their president after a vote two-weeks earlier proved inconclusive. In this second round, current President Erdogan won a close contest 52% to 48%, extending his two-decade long administration for at least another five years.

What does his victory mean for the country, the region and the world? Our experts share their insights.

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  • Capital markets
  • Government Policy & Regulations
  • Political Risk
  • Economic Risk
  • Country risk
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