Should Turkey accede to the European Union?
Date de publication :
20/05/2008
Langue :
Français
Format :
.doc
Nombre de pages :
18 pages
Sommaire :
Sommaire
- Executive Summary
- Macro Environment analysis and Implications of Membership
- Economic Environment
- Evaluating Turkey-European Union Trade: The Gravity Model
- Political, Legal and Security Environment
- Socio-Cultural Implications
- Progress Towards Accession
- Barriers to Overcome
- Managerial Implications
Résumé :
The european union is comprised of 27 member states that work together to pursue common economic, political and social goals. In 2004, eight new member states were accepted into the union. However, turkey, which has applied for membership over twenty years ago, is yet to be accepted into the EU.
In 1993, the Copenhagen criteria were established in order to evaluate potential member countries on their readiness to join the EU. Currently, turkey does not meet all of these criteria. turkey's economic situation is plagued with increasing current account deficit, weak currency, slow growth in GDP, and fears of the possible return of inflation. turkey's political situation is troubled by political instability, the power of the army over the government, political tensions with the Kurdish population, and the failure of turkey to recognize the Greek Cypriot Republic of Cyprus as the sole authority on the Cyprus Island. In addition, turkey is in violation of some human rights laws, and the fact that 99% of turkey's population is Muslim is threatening to many EU members.
Even though turkey's trade relations are strongly dependent on the EU, the Gravity Model identified only marginal gains in GDP and consumption volume for both parties as a result of accession. However, of a greater concern for many EU countries is the large migration of Turks into the union as a result of accession.
Turkish accession is of particular importance to managers operating throughout the region. The higher levels of economic growth and consumption in turkey, especially in the textiles, wearing apparel and agriculture industries will provide greater opportunities for firms located in the country. The eventual removal of border checks and customs procedures will facilitate the free movement of goods and eliminate associated duties. Businesses will also benefit from the greater political stability and the ease of doing business due to a common currency. Therefore, it is evident that turkey's accession into the european union brings both benefits and costs to both parties, and will certainly continue to remain a complex issue.
In 1993, the Copenhagen criteria were established in order to evaluate potential member countries on their readiness to join the EU. Currently, turkey does not meet all of these criteria. turkey's economic situation is plagued with increasing current account deficit, weak currency, slow growth in GDP, and fears of the possible return of inflation. turkey's political situation is troubled by political instability, the power of the army over the government, political tensions with the Kurdish population, and the failure of turkey to recognize the Greek Cypriot Republic of Cyprus as the sole authority on the Cyprus Island. In addition, turkey is in violation of some human rights laws, and the fact that 99% of turkey's population is Muslim is threatening to many EU members.
Even though turkey's trade relations are strongly dependent on the EU, the Gravity Model identified only marginal gains in GDP and consumption volume for both parties as a result of accession. However, of a greater concern for many EU countries is the large migration of Turks into the union as a result of accession.
Turkish accession is of particular importance to managers operating throughout the region. The higher levels of economic growth and consumption in turkey, especially in the textiles, wearing apparel and agriculture industries will provide greater opportunities for firms located in the country. The eventual removal of border checks and customs procedures will facilitate the free movement of goods and eliminate associated duties. Businesses will also benefit from the greater political stability and the ease of doing business due to a common currency. Therefore, it is evident that turkey's accession into the european union brings both benefits and costs to both parties, and will certainly continue to remain a complex issue.
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