The elections will not end polarization in Turkish politics. In fact, this election should be seen as the first phase of the presidential elections of Aug. 10, 2014.
Turkey should recognize that the neighbors with which it will likely share its longest borders are not Syria and Iraq, but Kurdish political entities.
Since 1960, nineteen Standby arrangements have been signed. With these agreements, significant progress has been made in Turkish economy: inflation has fallen to the lowest level since 1986, the public debt-to-GNP ratio has been falling, and interest rates have declined rapidly. IMF’s immediate goals concern exchange rate stability and balance of payments, and evaluations of IMF programs tend to concentrate on these two objectives. Yet, whether or not the IMF programs have positive effects on these short-term goals, what ultimately matters is that they induce economic growth and do not concentrate on incomes.