Economic performance and political outcomes

"1995 Turkish parliamentary election was held almost under the conditions of a controlled experiment. The unique cross-section data pertaining to this election and the economic and political conditions surrounding it were utilized to study the relationship between the government=s economic performance and the vote shares of political parties. Turkish voters are found to be myopic, not looking back beyond the election year in assessing the government=s economic performance. A good performance is found to benefit the primary incumbent party at the expense of extremist opposition parties and a bad performance is found to benefit extremist opposition parties at the expense of the primary party in power. The junior party in a coalition government and the centrist opposition parties appear to be unaffected by the economic conditions. Evidence found is consistent with a strategic voting by the electorate, to diffuse power and/or to try parties and leaders that were not tried before or last tried a long time ago. These conclusions are essentially in conformity with the literature on other countries"-- Economic Research Forum for the Arab Countries, Iran and Turkey web site.