Format:
1 online resource (107 pages)
Edition:
1st ed.
ISBN:
9783836612296
Content:
This paper shall investigate the trade integration between Turkey and the EU. The plan of the book is as follows. At first the historical background of the development concerning the trade relations between the two parties is conveyed. This includes the period from first association to implementing a customs union (CU) between Turkey and the European Union (EU) and to deeper integration abolishing barriers of trade until today.Subsequently an evaluation of the influence of the customs union follows in chapter 3 which constitutes the main part of the paper. Hereby the analysis is divided into the short-term static and long-term dynamic effects of the CU with the EU that Turkey entered on 1st January 1996. To analyze the static effects this paper adopts Viner's traditional approach, by comparing the trade creation effects with the trade diversion effects resulting from the removal of trade restrictions for Turkey and the EU as a whole. Thus, the predominant economical theory applied in this paper is the neoclassical customs union theory. This theory was chosen because it still is the predominant and widely recognized theory in analyzing trade data providing a variety of tools. Within the neoclassical theory Ricardo as well as Heckscher-Ohlin play an important role as a tool of analysis. In the relevant passages in the text the most important theoretical principles will be explained with the help of the Turkish example. At the limits of the neoclassical theories the new trade theory is supposed to help out especially where the assumptions of the neoclassical theory limit further analysis.It is the purpose of this paper to analyze the question how the trade liberalization in form of the CU between Turkey and the EU influences the development of Turkish welfare, specialization in different sectors, economies of scale, competitiveness, technological
Content:
The customs union between Turkey and the EU How did it affect Turkey? -- Table of contents -- List of abbreviations -- List of figures -- Appendices Index -- 1. Introduction -- 2. Historical overview about the relations between Turkey and the EU -- 2.1 General overview -- 2.2 From the association agreement until today - The history of the CU -- 2.3 From protectionism to more trade liberalisation -- 2.4 The abolition of barriers to trade -- 2.4.1 Tariff barriers -- 2.4.2 Non-tariff barriers -- 3. The customs union as a form of trade integration -Implications for Turkey and the EU -- 3.1 General analysis -- 3.2 The static effects of the customs union -- 3.3 Dynamic effects -- 3.3.1 The specialization effect -- 3.3.1.1 Inter-industry trade -- 3.3.1.1.1 Theoretical background - Neoclassic -- 3.3.1.1.2 Turkey's comparative advantage -- 3.3.1.2 Intra-industry trade -- 3.3.2 Economies of scale -- 3.3.3 Competitiveness -- 3.3.4 Technological transfer -- 3.3.5 Direct foreign investment -- 3.3.5.1 Theoretic implementation -- 3.3.5.2 Direct foreign investment inflows by countries -- 3.3.5.3 Direct foreign investment volume -- 3.3.5.4 Direct foreign investment by sectors -- 3.3.5.5 Prospects -- 3.4 Exchange rates - Excursus: free floating or pegging to the Euro -- 3.4.1 Gains and losses from pegging to the euro -- 3.4.2 Recommendation -- 4. Conclusions -- Bibliography -- Appendices.
Note:
Description based on publisher supplied metadata and other sources
Additional Edition:
ISBN 9783836662291
Additional Edition:
Erscheint auch als Druck-Ausgabe ISBN 9783836662291
Language:
English
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