The paper analyses the likely political and economic impacts of Turkish membership of the EU for the Union itself. It asks whether Turkish accession can be managed in a similar way to that of other enlargements or whether critics are right that Turkey is too big, too poor, has too dangerous...

Turkey could be the EU's biggest success in foreign affairs. Europeans should be proud that they are transforming, in a peaceful manner, the political system of a country as large and complex as Turkey. Regime change EU-style is cheap, voluntary and long-lasting. Turkey also has a lot to...

A series of longer papers evaluating government policies and offering proposals for reform.

Read these clear, concise summaries of country economic surveys and today's global policy challenges.

This paper presents evidence for structural differences in economic growth dynamics between the current EU and the central- and eastern European accession countries. Two important results emerge from the analysis. First, accession countries have posted higher average growth and wider output...

Standard economic models hold that exchange rates are influenced by fundamental variables such as relative money supplies, outputs, inflation rates and interest rates. Nonetheless, it has been well documented that such variables little help predict changes in floating exchange rates u0097 that...