Erdogan’s gamble pays off

A different President Erdogan is in charge now, notes Matthew Partridge. One that believes in 'majoritarian' rule.

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Erdogan won a "thumping victory" for his party

In calling a second election, the Turkish prime minister, Recep Tayyip Erdogan, "gambled on confrontation", with many predicting that the result would be another hung parliament.But "against all forecasts", says David Gardner in the Financial Times, this gamble seems to have paid off. Erdogan won "a thumping victory for his neo-Islamist Justice and Development party (AKP) in Sunday's rerun of June's general election".

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Dr Matthew Partridge
Shares editor, MoneyWeek

Matthew graduated from the University of Durham in 2004; he then gained an MSc, followed by a PhD at the London School of Economics.

He has previously written for a wide range of publications, including the Guardian and the Economist, and also helped to run a newsletter on terrorism. He has spent time at Lehman Brothers, Citigroup and the consultancy Lombard Street Research.

Matthew is the author of Superinvestors: Lessons from the greatest investors in history, published by Harriman House, which has been translated into several languages. His second book, Investing Explained: The Accessible Guide to Building an Investment Portfolio, is published by Kogan Page.

As senior writer, he writes the shares and politics & economics pages, as well as weekly Blowing It and Great Frauds in History columns He also writes a fortnightly reviews page and trading tips, as well as regular cover stories and multi-page investment focus features.

Follow Matthew on Twitter: @DrMatthewPartri