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The customs union between Turkey and the EU. - How did it affect Turkey?
of: Susanne Voigt
Diplomica Verlag GmbH, 2008
ISBN: 9783836612296 , 107 Pages
Format: PDF, Read online
Copy protection: DRM
The customs union between Turkey and the EU How did it affect Turkey?
1
Table of contents
3
List of abbreviations
4
List of figures
5
Appendices Index
6
1. Introduction
7
2. Historical overview about the relations between Turkey and the EU
8
2.1 General overview
8
2.2 From the association agreement until today – The history of the CU
9
2.3 From protectionism to more trade liberalisation
12
2.4 The abolition of barriers to trade
14
2.4.1 Tariff barriers
14
2.4.2 Non-tariff barriers
15
3. The customs union as a form of trade integration –Implications for Turkey and the EU
19
3.1 General analysis
19
3.2 The static effects of the customs union
24
3.3 Dynamic effects
31
3.3.1 The specialization effect
31
3.3.1.1 Inter-industry trade
31
3.3.1.1.1 Theoretical background - Neoclassic
31
3.3.1.1.2 Turkey’s comparative advantage
33
3.3.1.2 Intra-industry trade
38
3.3.2 Economies of scale
41
3.3.3 Competitiveness
44
3.3.4 Technological transfer
46
3.3.5 Direct foreign investment
50
3.3.5.1 Theoretic implementation
50
3.3.5.2 Direct foreign investment inflows by countries
52
3.3.5.3 Direct foreign investment volume
53
3.3.5.4 Direct foreign investment by sectors
54
3.3.5.5 Prospects
56
3.4 Exchange rates – Excursus: free floating or pegging to the Euro
58
3.4.1 Gains and losses from pegging to the euro
58
3.4.2 Recommendation
61
4. Conclusions
65
Bibliography
68
Appendices
77
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