Turkey's Economic Future: Insights from Cabinet Appointments and Policy Promises.

Turkish President Erdogan has sworn in a new cabinet, signaling a return to orthodox economic policy while holding course on foreign policy. The appointment of Mehmet Simsek as finance minister has been eagerly anticipated in business circles at home and abroad. The new foreign minister, Hakan Fidan, has played a central role in shaping and carrying out foreign policy. The fight against terrorism is likely to remain the same but the tone of the interior ministry is likely to change. The new cabinet has potential to reset some economic missteps of the previous years while holding the line on foreign policy, but a lot will come down to what Erdogan wants.