Unbecoming Leadership

Finland's Situation:

Finland; It is a country that not only has harsher winter conditions than us, so it needs natural gas much more than we do, but also feels its breath on its neck much more after its neighbor Russia's invasion of Ukraine, since it is not a NATO member. In other words, Finland is in a very difficult process in terms of economy and security.

So, what is the inflation rate in this Scandinavian country, which has been ruled by social democracy for years?

Isn't it a lot? So under these conditions, as in other countries, it is quite natural that it is very high, isn't it?

Let me satisfy your curiosity.

Finland's inflation rate is 4.5 percent.

The previous rate was 4.4 percent.

What kind of management mentality is this, that no crisis can increase the inflation of the country. Neither the oil and natural gas price hikes in the world nor the presence of hard-line Russia can affect its economy. People really watch with envy.

What the World Is Sweden:

Sweden is experiencing similar challenging conditions. It is also a country that has a cold climate and is not a member of NATO. The previous inflation rate was 3.7 percent. Its final value is 4.3 percent. Although it seems to be less successful than Finland, the economic situation of Sweden, which is governed by social democrats, is also very good.

Let's come to my dear country Turkey.

Compared to these two Scandinavian countries, the previous inflation rate of Turkey, which has a safer political climate due to being a NATO member, and a milder geographical climate, was 54.44 percent. The current is 61.14 percent.

The inflation rate of Ukraine, which was the interlocutor and exposed to the devastating effects of the war, is 10.7 percent. Russia, which is subject to economic sanctions, has an inflation rate of 9.17 percent.

Inflation leadership among all European countries is in Turkey, unfortunately by far. There is Moldova one step above Turkey and the inflation rate of Moldova is 18.5 percent. In other words, Turkey has to live with 3.3 times the inflation rate of even the worst European country.

G-20 Countries:

Unfortunately, Turkey is still the worst country in the inflation ranking of the G-20 countries. No matter what anyone says, this unseemly leadership is a clear indication that Turkey is economically unsuccessful and unprepared for crises compared to the countries it competes with. The main reason for this economic failure of Turkey, which successfully conducts its international relations within the framework of effective mediation, in particular in the Russia-Ukraine war, is to move away from scientific and rational policies.

With this high inflation rate, it has become impossible to enter the top 10 economies and stay in the top 20 in the near future.

Let's Put Our Hats Before Us and Think:

We should put our hats in front of us and the question, "What went wrong?" should all be asked and responded by ourselves. Because we are all responsible for this annoying situation, since we are a democratic country.

Let's not forget that elections in democracies determine the fate of a society. Just as the rightly implemented policies create a positive effect on the people and increase the support for the government, the people react and reduce their support for the government as a result of the wrongly implemented policies.

Because the public bears the brunt of the wrong decisions. If the public weighs the right and wrong well and makes their choice accordingly, they will have ensured both their economy and security from the very beginning.

Conclusion:

This indecent leadership that Turkey is exposed to in the ranking of inflation does not suit her at all. Without delay; It should be turned to an economic policy that produces, saves, implements monetary policies scientifically and does not waste money.

Reference: https://tr.tradingeconomics.com/country-list/inflation-rate?continent=europe