What is it about?

The article provides an assessment of potential costs and benefits for Turkey to join a Transatlantic Free Trade Agreement aka TTIP.

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Why is it important?

It challenges the conventional views that joining TTIP will be beneficial for Turkey and that remaining outside would be harmful to the country.

Perspectives

It is one of the rare contributions to the literature on deep Preferential Trade Agreements (PTAs) that gives a thorough picture of costs and benefits of a North-North PTA for a developing country beyond simplistic and deceiving analyses based upon computable General Equilibrium Models.

Serdar Altay
Istanbul Teknik Universitesi

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This page is a summary of: Associating Turkey with the Transatlantic Trade and Investment Partnership: A costly (re-) engagement?, World Economy, July 2017, Wiley,
DOI: 10.1111/twec.12533.
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