Military Cuops in Turkey and Effects of Last Military Coup Attempt on Turkey’s Economy

As a developing country, Turkey needs stability on its macroeconomic figures like sustainable growth, inflow of foreign investment, budget deficit. It is not unique reason but military coups in the past affected development of the country negatively. In 2016, some members of Turkey's armed forces tried to stage a military coup on July 15. The coup attempt was defeated, but had some negative effects on macroeconomic indicators in a midterm period which are affecting development of the country. But as a general composition the last attempt is not so significant compared with earlier military coups. In this study, some macroeconomic indicators of Turkish economy will be analyzed over the end of the years 2015, 2016 and 2017. Within this midterm period numbers are going to be compared according with the indicators of 2015 ın order to show the economic result of coup attempt.

Anahtar Kelimeler: Military coup, Turkey, Economy, Development

As a developing country, Turkey needs stability on its macroeconomic figures like sustainable growth, inflow of foreign investment, budget deficit. It is not unique reason but military coups in the past affected development of the country negatively. In 2016, some members of Turkey's armed forces tried to stage a military coup on July 15. The coup attempt was defeated, but had some negative effects on macroeconomic indicators in a midterm period which are affecting development of the country. But as a general composition the last attempt is not so significant compared with earlier military coups. In this study, some macroeconomic indicators of Turkish economy will be analyzed over the end of the years 2015, 2016 and 2017. Within this midterm period numbers are going to be compared according with the indicators of 2015 ın order to show the economic result of coup attempt.

Keywords: Military coup, Turkey, Economy, Development