Beware of the disaster scenario in elections

Source:PA Intelligence Date:26Apr2018

Turkey is one of the rare countries where the announcement of a snap election is jubilated by investors. If the country was run by a shaky coalition or the hope was that the “bastards will be run out of town,” the reaction would have been perfectly understandable. No, sir, even though in comments to the financial press most investors express disappointment with AKP’s performance, they are betting that Erdogan and the fledgling AKP-MHP (nationalist) alliance will return to power. They may be wrong. A more probable scenario envisions Ankara embroiled in infighting and bureaucratic paralysis.