Fading attraction: Turkey's shifting relationship with the European Union

Hadi Salehi Esfahani, Esra Çeviker-Gürakar

Research output: Contribution to journalArticlepeer-review


In this paper, we examine Turkey's changing economic relations with the European Union (EU) and the rest of the world during the past few decades. We argue that a combination of the EU's reluctance to accept Turkey as a member, internal economic and political developments, and the rise of economic and political opportunities elsewhere have shifted the country to diversify its economic relations around the world and reduced its reliance on the ties with Europe. This shift, which had started long before the 2008 global financial crisis and accelerated in its aftermath, seems to have helped Turkey weather relatively well the recent economic storms in Europe.

Original languageEnglish (US)
Pages (from-to)364-379
Number of pages16
JournalQuarterly Review of Economics and Finance
Issue number4
StatePublished - Nov 2013


  • Customs union
  • European Union
  • Political economy
  • Trade
  • Turkey

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics


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