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An Application On The Efficiency Of Customs Union: Turkey-Eu Customs Union

Author

Listed:
  • ILHAN Gullu

    (NevsehirHacıBektasVeli University)

Abstract

Today, countries are seeking to improve the conditions of free trade in their regions in order to get a greater share from international trade, and resort to economic integration. The application of customs union is one of the stages of the economic integration process, and the best example of this is the European Union (EU). Customs Union Agreement being applied between Turkey and the EU has led Turkey to the world's most secure market, however at the same time, has moved Turkey into a discussion area which has lasted since Turkey's candidacy to EU but which has expanded even more. The fact that all requirements of a customs union have not been met in the example of EU-Turkey decreases the efficiency of the said application and causes drawbacks on Turkish foreign trade. Therefore, the issue of applying the Customs Union Agreement signed in 1995 should be discussed again in line with the interests of the participants.

Suggested Citation

  • ILHAN Gullu, 2015. "An Application On The Efficiency Of Customs Union: Turkey-Eu Customs Union," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 67(6), pages 158-177, December.
  • Handle: RePEc:blg:reveco:v:67:y:2015:i:6:p:158-177
    as

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    File URL: http://economice.ulbsibiu.ro/revista.economica/archive/67614ilhan.pdf
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    References listed on IDEAS

    as
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    3. Nelson, Charles R. & Plosser, Charles I., 1982. "Trends and random walks in macroeconmic time series : Some evidence and implications," Journal of Monetary Economics, Elsevier, vol. 10(2), pages 139-162.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    costomsUnion; EU; integrations;
    All these keywords.

    JEL classification:

    • M30 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - General

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