Comment, Opinion

Why it is time to add the ‘D’ of democracy to ESG standards

Turkey’s president, Recep Tayyip Erdogan, introduced several popular measures shortly before last year’s elections, such as raising public sector wages and free natural gas for households for one year. Afterwards, he reinstated orthodox monetary and fiscal policies (Photo: Yorgos Karahalis/Bloomberg)

High democratic standards are good for both people and investors – something markets appear to overlook

On April 6, 2023, little more than a month before Turkey’s May 14 presidential election, and less than five months after main opposition politician Ekrem Imamoğlu was sentenced to two years in ...

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