Erdogan’s Last Stand

The Turkish president is taking a big gamble through his unorthodox financial policies.

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Turkey is in deep financial crisis. Inflation reached 21.3 percent in late November and is expected to hit 25 percent by the end of December. Estimates are that average inflation will reach 10.8 percent in 2022 and 5.1 percent in 2023. The value of the country’s currency has also plummeted throughout the past year. Many […]

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Hilal Khashan is a Professor of political science at the American University of Beirut. He is a respected author and analyst of Middle Eastern affairs. He is the author of six books, including Hizbullah: A Mission to Nowhere. (Lanham, MD: Lexington Books, 2019.) He is currently writing a book titled Saudi Arabia: The Dilemma of Political Reform and the Illusion of Economic Development. He is also the author of more than 110 articles that appeared in journals such as Orbis, The Journal of Conflict Resolution, The Brown Journal of World Affairs, Middle East Quarterly, Third World Quarterly, Israel Affairs, Journal of Religion and Society, Nationalism and Ethnic Politics, and The British Journal of Middle Eastern Studies.