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Economy

Turkey's sluggish economy tests a newly empowered Erdogan

Investors recoil from turmoil following last year's coup attempt

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Turkish President Recep Tayyip Erdogan greets members of his ruling Justice and Development Party (AKP) at a special party congress in Ankara on May 21.   © Reuters
AKIHIRO SANO, Nikkei staff writer | Turkey

ISTANBUL   Politically, Turkish President Recep Tayyip Erdogan is on a roll. Yet, he is presiding over an economy that is struggling to regain traction, and his recent trip to Beijing for the Belt and Road Forum did little to change that.

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