ID | 116402 |
Title Proper | Restoring forgotten ties |
Other Title Information | recent trends and prospects of Turkey's trade with Syria, Lebanon and Jordan |
Language | ENG |
Author | Suvankulov, Farrukh ; Akhmedjonov, Alisher ; Ogucu, Fatma |
Publication | 2012. |
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 Note | Turkish Studies Vol. 13, No.3; Sep 2012: p.343-361 |
Journal Source | Turkish Studies Vol. 13, No.3; Sep 2012: p.343-361 |
Key Words | Turkey ; Syria ; Lebanon ; Economic Integration ; Regional Trade |