Attila Lada, Turkey, Joe Mcconnell discussed on Morning Edition
Party suffered some stinging defeats in last month's municipal elections. But it's not clear how quickly the government can turn things around. Economist Attila Lada says promises of economic reform may sound good. But Turkey already has largely business friendly system in place. Case he says reforms are unlikely to amount to much as long as heir to one government remained free to exert political pressure on Turkish institution such as the judiciary in central Bank. It is not that we need reform. We need a change in Tokyo. And we need to understand that this is a country based on institutions and rules. That's a fundamental problem says, yes, you Lada real reforms like making the independence of Turkey's central Bank, part of the constitution would mean limiting air to power something that doesn't seem to be on the agenda. He needs on the stunned that for him and Turkey to bigger pie. He needs to share some of his powers, you tenderly change Torchy's fate by pouring money or favored industries. Here's a lotta also thinks one is courting trouble by allowing tensions with Washington and NATO to increase primarily by trying to buy Russian anti-aircraft missiles at the same time. They're seeking American F thirty. Thirty five fighter jets losing the American warplanes is only one potential downside. He says Turkey, risks provoking, a concerted campaign of international pressure that could trigger another currency crisis. At which point he says the country could find itself in economic trouble. Peter Kenyon, NPR news is dental. This is NPR news seven forty two now. And Joe McConnell's here to bring us another look at this morning Joe suddenly big problem with the bay bridge..