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Economic implications of Turkish EU membership: the advantages of tying one's hands

Economic implications of Turkish EU membership: the advantages of tying one's hands

Ugur, Mehmet ORCID: 0000-0003-3891-3641 (2008) Economic implications of Turkish EU membership: the advantages of tying one's hands. [Working Paper]

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Abstract

This paper is a stock-taking exercise that brings together existing findings and new insights on the potential costs and benefits of EU membership for both Turkey and the EU. As far as Turkey is concerned, we focus on the costs and benefits of EU membership that are likely to result from compliance with the so-called EU conditionality. As far as EU is concerned, we focus on the costs and benefits associated with budgetary contributions and migration. Overall, we conclude that the impact of membership is likely to be positive for both parties, but the risks and returns are associated. In other words, Turkey stands to gain more than the EU but it is also the party that will be faced with higher adjustment costs.

Item Type: Working Paper
Additional Information: [1] The full-text of this paper is held on the RePEc (Research Papers in Economics) Project database and is publicly-available via the Munich Personal RePEc Archive (http://mpra.ub.uni-muenchen.de/). [2] The Munich Personal RePEc Archive (MPRA) is an initiative by economists of the RePEc network from different countries and runs under the responsibility of the Munich University Library (part of the University of Munich). [3] The paper has been subsequently published (re-titled) as a book chapter - Ugur, Mehmet (2006) The economic dimension of Turkey's EU membership: a stock-taking exercise at the start of accession negotiations. In: Turkey and the European Union: Internal Dynamics and External Challenges. Palgrave Macmillan, Basingstoke; New York, pp. 16-41. ISBN 9781905833139 (please see http://gala.gre.ac.uk/3566/). [4] MPRA Paper ID Code: 18547
Uncontrolled Keywords: EU enlargement, economic costs and benefits of integration, migration, EU-Turkey relations,
Subjects: H Social Sciences > HB Economic Theory
J Political Science > JN Political institutions (Europe)
Faculty / Department / Research Group: Faculty of Business > Greenwich Political Economy Research Centre (GPERC)
Faculty of Business > Department of International Business & Economics
Related URLs:
Last Modified: 02 Nov 2016 13:52
Selected for GREAT 2016: None
Selected for GREAT 2017: None
Selected for GREAT 2018: None
URI: http://gala.gre.ac.uk/id/eprint/3984

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