Mahfi Eğilmez's Evaluations on Politics and Economics

Serdar HocamAuthor & Editor

Economist Mahfi Eğilmez analyzed the institutional and economic risks caused by politics interfering in specialized fields such as economics.

◉ 0 views
SPK’dan ODINE işlemlerinde 21 kişi hakkında suç duyurusu ve 2 yıl işlem yasağı

In his article titled "When Politics Interferes with Technical Details" published on his personal blog, economist Mahfi Eğilmez discussed the institutional and economic problems caused by political intervention in fields requiring expertise, particularly economics.

The Boundary Between Politics and Expertise

Economist Mahfi Eğilmez stated that the boundary between political decision-making processes and technical expertise must be drawn correctly. It was expressed that politics should decide what needs to be done, while leaving how it is done to the experts.

Risks of Interfering in Technical Details

Attention was drawn to the fact that political interference in technical details carries four fundamental risks. These risks include the loss of merit, inefficiency, institutional collapse, economic failure, and security and quality problems.

Economic Management and Merit

It was emphasized that critical areas in economic management, such as inflation, interest rates, and exchange rates, must be managed with technical knowledge. Furthermore, it was underlined that appointments and promotions within the public sector must be based on merit.