Akademik Veri Yönetim Sistemi
International Social Sciences Studies Journal, cilt.6, sa.56, ss.693-703, 2020 (Hakemli Dergi)
The economic stability of a country varies depending on the legal regulations. In this parallel, it is necessary to examine the impact of the decisions taken on the legal front on the basis of the law and economics approach. In particular, the incumbent party manipulates economic policy instruments
in order to be re-elected during the election period. Therefore, making legislative arrangements in terms of legislative period and early election decision leads to a change in economic stability depending on the use of economic policy instruments. In this study, the 1982 constitution, 2007 and 2017 constitutional changes in Turkey were examined and the impact of early elections and legislative period changes on the economy was analyzed.
According to the legal regulations, since the legislative period is 4 years in 2007-2017 period, it can be said that the political conjuncture occurs more frequently. It is estimated that the political conjuncture will be seen at longer intervals compared to the previous period as a result of increasing the
legislative period to 5 years with the 2017 changes. In addition, the incumbent party may decide early elections before the end of the legislative period according to the time when economic indicators are best. However, with the 2017 amendments, it seems that it is difficult for the parliament and the president to make an early election decision. Therefore, with the 2017 amendments, it is expected that the possibility of using economic policy instruments will decrease due to the elective concerns of the incumbent party compared to the previous periods. In addition, it can be said that there will be a decrease in the possibility of internal election theories in Turkey.