The Turkish opposition faces big obstacles to winning the election

AT LEAST ON paper, Turkey’s opposition has it all worked out. In policy documents the opposition bloc, headed by the CHP and IYI, a centre-right party founded by defectors from the MHP nationalists, has plans for a post-Erdogan future. Constitutional changes will dismantle Mr Erdogan’s executive presidency, hand back to parliament the powers enjoyed by the palace, restore the post of prime minister, free the courts from political influence and lower from 7% to 3% the election threshold that keeps small parties out of parliament. With the central bank in charge of monetary policy again, zombie companies and government cronies cut off from free credit and inflation under control, foreign investment will gush in. “Turkey is going to be a target for a once-in-a-decade trade,” says Bilge Yilmaz, head of IYI’s economic team.