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What Can the F-35 Crisis Further Lead To?

government is employing the F-35 program as political leverage against Ankara, an approved restriction on Turkey’s F-35 procurement process is likely to create a lose-lose situation for both NATO allies, and yield dire consequences for Turkish-American bilateral relations and strategic military partnership in the Middle East.

Restructuring Macroeconomic Governance in the Presidential System

Concretely speaking, the following institutional changes could be made in the existing macroeconomic governance architecture: The basic law of the Central Bank could be altered to establish a dual role for the Bank focusing on price stability (inflation control) and employment (growth) as in the case American FED and several other major central banks.