The EU or national reform program for Turkey: Does the political feasibility depend on the EU’s absorption capacity?
AbstractConcerns of the EU countries on Turkey’s membership are summarized by the term ‘EU’s absorption capacity’. This implies that Turkey may end up as a member of the EU or may not. Even the reform process can abruptly come to an end due to reasons irrespective of the performance of Turkey. In a two-sector model, we show that despite this uncertainty, if before the start of the reform program a ‘no’ is perceived as less likely, the EU-reform will be supported ex-ante. However, a ‘no’ at the midst of the EU reform program can block the reform process ex-post, since both of the sectors suddenly find themselves in a position that they should have not accepted beforehand. Moreover, such a situation can render continuing with the alternative national reform program very hard.
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Bibliographic InfoArticle provided by Bilgesel Yayincilik in its journal İktisat İşletme ve Finans.
Volume (Year): 24 (2009)
Issue (Month): 285 ()
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Reform; European Union; Turkey’s accession;
Other versions of this item:
- Hasan Ersel & Fatih Ozatay, 2009. "The EU or National Reform Program for Turkey: Does the Political Feasibility Depend on the EU's Absorption Capacity?," Working Papers 0902, TOBB University of Economics and Technology, Department of Economics.
- D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
- O10 - Economic Development, Technological Change, and Growth - - Economic Development - - - General
- O19 - Economic Development, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
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