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.

Please click here to read the text in full

CONTRIBUTOR
Ayla Oğuş
Ayla Oğuş
Can Erbil
Can Erbil
From the Desk of the Editor TPQ’s Winter issue examines global trade dynamics—from US-China tensions to the renegotiation of the North American Free Trade Agreement (NAFTA) to US tariff threats towards the EU. Chief among the issues generating a high degree of economic uncertainty is the US-China trade conflict and the magnitude of the emerging global fallout. Major changes are already afoot—namely a shift...
STAY CONNECTED
SIGN UP FOR NEWSLETTER
FACEBOOK
PARTNERS