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ID116402
Title ProperRestoring forgotten ties
Other Title Informationrecent trends and prospects of Turkey's trade with Syria, Lebanon and Jordan
LanguageENG
AuthorSuvankulov, Farrukh ;  Akhmedjonov, Alisher ;  Ogucu, Fatma
Publication2012.
Summary / Abstract (Note)Turkey's economic ties with neighboring Arab countries have flourished in the past few years. A recently stated pledge to create a regional trade alliance with Turkey, Syria, Lebanon and Jordan is likely to trigger a further expansion of economic integration. This paper starts by reviewing trends in Turkey's bilateral trade relations with Syria, Lebanon and Jordan since 2000. Next, it estimates a formal gravity model aiming to project Turkey's trade potential with its neighbors and compare them with the actual flows in 2000-10. It is demonstrated that while Turkey fully realized its bilateral trade potential vis-à-vis Syria, Lebanon and Jordan, actual bilateral trade of Syria, Lebanon and Jordan with Turkey is significantly below the estimated potential.
`In' analytical NoteTurkish Studies Vol. 13, No.3; Sep 2012: p.343-361
Journal SourceTurkish Studies Vol. 13, No.3; Sep 2012: p.343-361
Key WordsTurkey ;  Syria ;  Lebanon ;  Economic Integration ;  Regional Trade