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      Turkey: trade policy review

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      Author
      Togan, S.
      Date
      2005
      Source Title
      The World Economy
      Print ISSN
      0378-5920
      Electronic ISSN
      1467-9701
      Publisher
      Wiley-Blackwell Publishing Ltd.
      Volume
      28
      Issue
      9
      Pages
      1229 - 1262
      Language
      English
      Type
      Article
      Item Usage Stats
      157
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      Abstract
      The purpose of the paper is to discuss the main issues highlighted in the Trade Policy Review: Turkey 2003. The paper studies first the main developments in Turkey's trade regime and trade performance. Next it discusses Turkish trade policy emphasising the measures affecting imports, exports and foreign direct investment. The paper points out that agriculture is highly protected, and that autonomous reforms have been implemented in some of the services sectors of the economy. Since joining the EU will require Turkey to adopt and implement the whole body of EU legislation - the acquis communautaire in all areas, Turkey needs to liberalise its agricultural and services sectors further. Finally, the paper discusses an issue that has largely been neglected in Trade Policy Reviews. It is the sustainability of current account. The paper stresses that Turkey needs to pay close attention to the sustainability of the current account. © Blackwell Publishing Ltd 2005.
      Keywords
      Export
      Foreign direct investment
      Import
      Trade performance
      Trade policy
      Eurasia
      Turkey
      Permalink
      http://hdl.handle.net/11693/38252
      Published Version (Please cite this version)
      http://dx.doi.org/10.1111/j.1467-9701.2005.00732.x
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      • Department of Economics 649
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