Affiliation:
1. Manchester Metropolitan University, UK
Abstract
Among the EU candidate countries of Albania, Iceland, Montenegro, Serbia, Former Yugoslav Republic of Macedonia, and Turkey, Turkey is the candidate country with the largest population and size as well as the one who has spent the longest time on the way to EU accession. It also has a closer economic relationship with the EU, as it has been participating in a Customs Union (CU) with the existing EU members since 1996. Turkey's potential EU candidacy has become a matter of controversy in recent years. The possibility of Turkish accession to the EU has reignited fears in the ‘old' EU. The aim of this chapter is to discuss the recent developments in Turkey-EU relations and to evaluate the recent performance of Turkey on the way to EU accession by focusing on economic and mainly trade implications of a Turkish EU accession.
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