Three scenarios for Turkey after the election

Turkish financial markets are becoming increasingly worried about what lies in store after June’s parliamentary election, with fears focusing on the risk of rising authoritarianism under President Erdogan and the ruling AK Party. In this Focus, we outline three post-election scenarios and their economic implications. In short, it’s difficult to see the AK Party (which will almost certainly win) regain its reformist zeal. If anything, a shift towards more unorthodox policymaking looks likely.