Independent and cutting-edge analysis on global affairs

 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
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From the Desk of the Editor During the COVID-19 pandemic, individuals and governments across the globe have been reminded of the value of human life and the delicacy of human psychology. Societies have been forced to conform to governments’ speedy decisions to prevent the spread of the virus, and individuals—from the most vulnerable to the most well-off —were forced to self-isolate. The isolation...
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