JINSA Webinar:
Turkey’s Inflation Crisis
Turkey ended 2021 by setting a dubious record—annual inflation hit a nearly 20 year record, rising to over 36% in December. As prices for everyday goods have soared, the Turkish government has struggled to respond. With at least part of President Recep Tayyip Erdogan’s long tenure in office cemented by the significant growth that occurred during his time in power, the economic pain now being felt by Turkish consumers could have political ramifications. Yet, Erdogan has faced other apparent economic crisis, only for Turkey’s economy and his power to emerge relatively unscathed. Whether he can control Turkey’s runaway inflation and, once again, weather the storm remains uncertain.
Join JINSA for a discussion of the drivers, potential outcomes, and implications of Turkey’s current inflation with two leading experts on Turkey and its economy: Svante Cornell and Dr. Sebnem Kalemli-Ozcan.
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Monday, January 10 – 10:00am EDT |
This webinar is open exclusively to JINSA’s RSVPs must be received via the button Once your registration is confirmed, you will |
Svante Cornell Svante E. Cornell is Policy Advisor to JINSA’s Gemunder Center for Defense and Strategy, the Director of the American Foreign Policy Council’s Central Asia-Caucasus Institute and a co-founder of the Institute for Security and Development Policy, Stockholm. His main areas of expertise are security issues, state-building, and transnational crime in Southwest and Central Asia, with a specific focus on the Caucasus and Turkey. |
Dr. Sebnem Kalemli-Ozcan Sebnem Kalemli-Ozcan is a Neil Moskowitz Professor of Economics. She is a Research Associate at the National Bureau of Economic Research (NBER) and a Research Fellow at the Center for Economic Policy Research (CEPR). She recently published an article on Turkey’s inflation experiment. |
Blaise Misztal Blaise Misztal is the Vice President for Policy at JINSA. His research interests include Iran and its nuclear program, U.S.-Turkey relations, countering extremism, and strategic competition.Most recently, Misztal was a Fellow at the Hudson Institute. Prior to that, he served as the Executive Director of the Task Force on Extremism in Fragile States, a congressionally mandated project convened by the U.S. Institute of Peace, and Director of the Bipartisan Policy Center’s National Security Program. |