TURKXIT: A historical, legal and economic analysis of Turkey'strade policy, WTO litigation patterns and leveraged exit fromthe EU-Turkey customs union
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- Tez No: 593818
- Danışmanlar: PROF. DR. JUSCELINO F. COLARES
- Tez Türü: Doktora
- Konular: Uluslararası İlişkiler, International Relations
- Anahtar Kelimeler: Belirtilmemiş.
- Yıl: 2019
- Dil: İngilizce
- Üniversite: Case Western Reserve University
- Enstitü: Yurtdışı Enstitü
- Ana Bilim Dalı: Belirtilmemiş.
- Bilim Dalı: Belirtilmemiş.
- Sayfa Sayısı: 283
Özet
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Özet (Çeviri)
After applying inward-oriented trade policies for most of the twentieth century, Turkey began liberalizing its trade policy and adopting pro-market reforms in the 1980s. In the next decade, Turkey would join the World Trade Organization (“WTO”) and form a Customs Union (“CU”) with the European Union (“EU”). While these reforms vastly transformed Turkey's economy, two decades later, Turkey still faces two major, perennial trade problems: high trade and current account deficits. Turkey's economy remains fragile and heavily dependent on foreign capital inflows. To address these major, structural problems and break from a pattern of financial and economic crises related to these deficits, Turkey must expand/diversify exports and reduce import dependency on intermediate goods. Because doing so is not possible under Turkey's current international trade commitments, particularly under its CU commitments, Turkey must change the status quo. Besides demonstrating that WTO trade litigation did not, nor could, help Turkey achieve its trade objectives, this Dissertation explains why TURKXIT—a combined exit from the EUTurkey CU with a transition to several free trade agreements (“FTAs”) with the European Union and other countries—would help Turkey solve its perennial trade problems. The Dissertation also examines how TURKXIT can be implemented both legally (i.e., under domestic law and international law) and transactionally. Specifically, the path proposed requires Turkey to reassert its trade sovereignty by leveraging its favorable WTO tariff commitments. Only by doing so would Turkey position itself to increase exports and, thus, decrease its trade and current account deficits. The dissertation concludes by cautioning that TURKXIT deployment will first require a reduction in current political and macroeconomic uncertainties, areas in which the Erdoğan administration is currently focusing.
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