Turkey's European Odyssey 2: An Economic Perspective
Vol. 3 No. 4 - Winter 2004

Turkey's European Odyssey 2: An Economic Perspective, Winter 2004Saturday, February 5, 2005
Turkey’s EU odyssey has recently entered a new phase. As we celebrate the decision of the EU to start membership negotiations with Turkey on October 3rd, 2005, we are also aware of the challenges before us. Much of the harmonization to come is...

• Nigâr Göksel

Turkey and the EU: A New Era, Winter 2004Saturday, February 5, 2005
Turkey has passed a very critical threshold after the December 17 European Council Summit decision. Accordingly Turkey is promoted from a candidate country to an accession country status. The negotiations for full membership will start in October...

• Ali Babacan

How can the New Members Catch up?, Winter 2004Saturday, February 5, 2005
Since the early 1990’s, the prospect of eventual admission to the EU led to important economic progress in the 10 new EU member states. The author outlines this progress as well as the positive effects that membership itself will have on the...

• Leszek Balcerowicz

Relative Income Growth and Convergence, Winter 2004Saturday, February 5, 2005
This paper assesses the growth prospects for the Turkish economy over the next decade. It implicitly asks whether Turkey can start closing the gap with the EU in terms of income per capita when it has achieved macroeconomic stability and when...

• Kemal Derviş
• Faik Öztrak

The Future of Turkish-EU Trade Relations: Deepening vs. Widening, Winter 2004Saturday, February 5, 2005
  Owing to the EU-Turkish customs union, there is already a considerable degree of convergence between Turkey and the EU in the area of trade. In fact, Turkey is the only candidate country that has a customs union with the EU. At least with...

• Sinan Ülgen
• Yiannis Zahariadis

The Turkish Gate: Energy Transit and Security Issues, Winter 2004Saturday, February 5, 2005
This paper sets out Turkey’s current and potential role in the supply of gas to Europe, starting with the EU’s need for gas, the geography of global gas disposition and Turkey’s importance as a natural funnel through which the EU...

• John M. Roberts

Member-State Building in Turkey Part Two: The Challenge of Cohesion, Winter 2004Saturday, February 5, 2005
This article explores the nature of the member-state building process that has taken place in the past decade in Central and South Eastern Europe.  It notes the importance of the Helsinki European Council decision in 1999 to treat all candidate...

• Gerald Knaus

Growth and Immigration Scenarios: Turkey-EU, Winter 2004Saturday, February 5, 2005
  This study estimates the probable magnitude of immigration from Turkey to the EU when Turkey becomes a full member and restrictions on movement of labor are removed. Alternative methods and scenarios are scrutinized in forecasts for the...

• Umut Kuzubaş
• Refik Erzan
• Nilüfer Yıldız

The Role of Anti-Corruption in the Turkish Accession to the EU, Winter 2004Saturday, February 5, 2005
Anti-corruption will feature prominently in Turkey’s talks on EU accession. Despite claims to the contrary, the data show that corruption levels in Turkey are not radically different than those in many other accession countries. While Turkey...

• Bryane Michael

Merger and Acquisition Controls in Turkey and in Turkish-EU Relations: An Agenda for Future, Winter 2004Saturday, February 5, 2005
This article examines the law and practices related to merger and acquisitions (M&A) in Turkey. An overview of the strengths and weaknesses of the Competition Board is carried out with a set of suggestions as to how it may be possible to prepare...

• Ural Akuzum

The International Position of Turkey Regarding FDI Policies and Perspectives after 17/12/04, Winter 2004Saturday, February 5, 2005
  Foreign direct investments (FDI) are a crucial variable in economic development. Presently they are the most important source of external finance for developing countries and the type of external resource that offers the highest probability...

• Angelo Santagostino
• Andrea Fornari