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Turkey: Trade Policy Review

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  • Sübidey Togan

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. Copyright Blackwell Publishing Ltd 2005.

Suggested Citation

  • Sübidey Togan, 2005. "Turkey: Trade Policy Review," The World Economy, Wiley Blackwell, vol. 28(9), pages 1229-1262, September.
  • Handle: RePEc:bla:worlde:v:28:y:2005:i:9:p:1229-1262
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    Cited by:

    1. Ahmet Faruk Aysan & Yavuz Selim Hacihasanoglu, 2007. "Investigation on the Determinants of Turkish Export-Boom in 2000s," Working Papers 2007/19, Bogazici University, Department of Economics.
    2. Baybars Karacaovali, 2011. "Turkey: Temporary Trade Barriers as Resistance to Trade Liberalisation with the European Union?," Fordham Economics Discussion Paper Series dp2011-02, Fordham University, Department of Economics.
    3. Donald Larson & Will Martin & Sebnem Sahin & Marinos Tsigas, 2016. "Agricultural Policies and Trade Paths in Turkey," The World Economy, Wiley Blackwell, vol. 39(8), pages 1194-1224, August.
    4. Limão, Nuno & Tovar, Patricia, 2011. "Policy choice: Theory and evidence from commitment via international trade agreements," Journal of International Economics, Elsevier, vol. 85(2), pages 186-205.
    5. Özler, Sule & Taymaz, Erol & YIlmaz, Kamil, 2009. "History Matters for the Export Decision: Plant-Level Evidence from Turkish Manufacturing Industry," World Development, Elsevier, vol. 37(2), pages 479-488, February.
    6. Aysan, Ahmet Faruk & Hacihasanoglu, Yavuz Selim, 2007. "The Competitiveness of Turkey with Respect to the Slovak Republic for the 1995-1999 Period," MPRA Paper 5496, University Library of Munich, Germany.
    7. Burrell, Alison M. & Kurzweil, Marianne, 2007. "Distortions to Agricultural Incentives in Turkey," Agricultural Distortions Working Paper 48388, World Bank.

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