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 Turkeyâs membership are summarized by the term âEUâs absorption capacityâ. 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 ânoâ is perceived as less likely, the EU-reform will be supported ex-ante. However, a ânoâ 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 InfoPaper provided by TOBB University of Economics and Technology, Department of Economics in its series Working Papers with number 0902.
Date of creation: Mar 2009
Date of revision:
Other versions of this item:
- Hasan ERSEL & Fatih ÖZATAY, 2009. "The EU or national reform program for Turkey: Does the political feasibility depend on the EU’s absorption capacity?," Iktisat Isletme ve Finans, Bilgesel Yayincilik, vol. 24(285), pages 9-31.
- 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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