I would agree the ’. kerning is too big and could be tightened up.
I just checked the double closing quote kerning and it suffers from the same issue.

That being said this is rarely an issue in the English and Turkish texts I work with. Apostrophes rarely end a word as in your example and in English style guides the full stop goes inside the quotes not outside. Still should be fixed, it just might partially explain why it's never been addressed.
in English style guides the full stop goes inside the quotes not outside.
Correct, I actually meant to say "many" there but it got lost in other copy editing. It's definitely not 100% normative.
I did some brainstorming to find further pairs with large kerning:

I’m not a fan of tighter kerning between closing quote mark an the period. But I agree about the other kerning issues.
I think part of the issue there is how inconsistent the kerning is depending on the glyph order. There is a radical difference between '. and .' and I think the difference is uncalled for. Those should be normalized so that they produce a similar visual density in both orders. Personally I prefer the tighter kerning, but perhaps at least splitting the difference would be in order.
Could also stand to have tighter kerning on 's

OK, I’m convinced now. But instead of adjusting kerning, the side bearings of the quotes need to be adjusted.
If one wants to do this, 20 inner side bearing and 50 outer side bearing for serif regular seems to be good.
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OK, I’m convinced now. But instead of adjusting kerning, the side bearings of the quotes need to be adjusted.