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Turkey and the EU : politics and economics of accession
Flam, Harry - 2003
This paper discusses political and economic aspects of Turkish accession. Under present rules, Turkey would have the … Turkey, particularly in agriculture. The main obstacles to accession are not economic, but political. Historical experience … prevents Turkey from eliminating the decisive political role of the military, giving Kurds and other minorities cultural rights …
Persistent link: https://www.econbiz.de/10011506471
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Turkish delight does Turkey´s accession to the EU bring economic benefits?
Lejour, Arjan; Mooij, Ruud A. de - 2004
Turkey triggered by EU-membership; and (iii) migration in response to the free movement of workers. Overall, the … macroeconomic implications for EU countries are small but positive. European exports increase by around 20 percent. Turkey … accession to the internal market and free movement of labour. If Turkey would succeed in reforming its domestic institutions in …
Persistent link: https://www.econbiz.de/10011402438
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The Brexit as a forerunner : monetary policy, economic order and divergence forces in the European Union
Müller, Sebastian; Schnabl, Gunther - 2018
We analyze the effects of the increasingly expansionary monetary policies on the economic order and on the European integration process. We argue that the market orders shaped in postwar Germany and in Margret Thatcher's United Kingdom have long served as cornerstones for growth, prosperity and...
Persistent link: https://www.econbiz.de/10011809903
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Monetary policy in Turkey after Central Bank independence
Gürkaynak, Refet S.; Kantur, Zeynep; Taş, M. Anil; … - 2015
developments and pay particular attention to monetary policy. The data suggests that the Central Bank of Turkey was a strong …
Persistent link: https://www.econbiz.de/10011375680
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Where you export matters: measuring uncertainty in Turkey's export markets
Fang, Jianchun; Gozgor, Giray; Pekel, Sercan - 2020
countries, this paper introduces three new indicators for measuring uncertainty in Turkey's export markets from the first … quarter of 1996 to the first quarter of 2020. The indicators measure uncertainty in Turkey's export destinations. After …
Persistent link: https://www.econbiz.de/10012240442
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Hitting and hoping? : meeting the exchange rate and inflation criteria during a period of nominal convergence
Lewis, John (contributor) - 2007
Persistent link: https://www.econbiz.de/10003463137
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Structural reforms and the enlargement of monetary union
Hefeker, Carsten - 2003
The paper addresses the question what effects the enlargement of a monetary union will have on necessary structural reforms in the (low distortion) member countries and the (high distortion) candidate countries. While monetary union lowers reforms in the candidate countries, members of the...
Persistent link: https://www.econbiz.de/10011509539
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Restructuring the ECB
Berger, Helge; Haan, Jakob de; Inklaar, Robert - 2003
Soon, euro area membership could more than double, with the vast majority of accession countries being quite different in economic terms compared with current members. Under the current decision-making system, this can lead to high decisionmaking costs and there is a risk that monetary policy...
Persistent link: https://www.econbiz.de/10011511101
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Nominal wage flexibility, wage indexation and monetary union
Calmfors, Lars; Johansson, Åsa - 2002
Membership in a monetary union implies stronger incentives for nominal wage flexibility in the form of wage indexation and shorter contract length than nonmembership. For example, entry into a monetary union may cause a move from a non-indexation to an indexation equilibrium. But more wage...
Persistent link: https://www.econbiz.de/10011410646
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Uncertainty, wage setting and decision making in a monetary union
Hefeker, Carsten (contributor) - 2005
The enlargement of the European Monetary Union is likely to lead to an increase in uncertainty regarding the transmission of monetary policy for the larger union. Adding new members to the central bank council will in addition imply that the policy reaction of the enlarged council will be...
Persistent link: https://www.econbiz.de/10003110104