Independent and cutting-edge analysis on Turkey and its neighborhood

 This article investigates the effects of instability on Turkish and Iraqi bilateral foreign trade. It focuses on Turkish exports to Iraq and their fluctuations before, during and after periods of regional and global instability. We find the effects of both global and regional instability to be positive on Turkish exports to Iraq. Based on our results, trade costs of instability in Iraq need to be evaluated carefully. Policy implications suggest that a long-term and sustained stability in Iraq might be preferred to a hasty and ad hoc solution.

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CONTRIBUTOR
Ayla Oğuş
Ayla Oğuş
Can Erbil
Can Erbil
This issue was published in collaboration with the Friedrich Naumann Foundation Turkey Office.
From the Desk of the Editor TPQ’s Fall 2019 issue, published in collaboration with the Friedrich Naumann Foundation, titled Populism and the Age of Upheaval, examines the rise of populism and its impact on the international order – from governance issues to the environment to gender ideology. Since 2016, the world has been monitoring and trying to forecast the turnout of a series of events that started with...
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