Will Energy Save FDI Inflows to Turkey from the Cool Down of EU Accession Prospects? : A Case Study of How Geo-political Alliances and Regional Networks Matter

Turkey has historically struggled to attract foreign investors. This paper discusses how the start of the European Union's accession negotiations in 2005 encompassed a wide set of reforms in several chapters of the acquis communautaire that resulted in higher foreign direct investment (FDI) att...

Full description

Bibliographic Details
Main Authors: Sánchez-Martín, Miguel Eduardo, Escribano Francés, Gonzalo, de Arce Borda, Rafael
Format: Journal Article
Language:en_US
Published: Taylor and Francis 2015
Subjects:
Online Access:http://hdl.handle.net/10986/23516
id okr-10986-23516
recordtype oai_dc
spelling okr-10986-235162021-04-23T14:04:15Z Will Energy Save FDI Inflows to Turkey from the Cool Down of EU Accession Prospects? : A Case Study of How Geo-political Alliances and Regional Networks Matter Sánchez-Martín, Miguel Eduardo Escribano Francés, Gonzalo de Arce Borda, Rafael investment climate direct foreign investment DFI energy Turkey has historically struggled to attract foreign investors. This paper discusses how the start of the European Union's accession negotiations in 2005 encompassed a wide set of reforms in several chapters of the acquis communautaire that resulted in higher foreign direct investment (FDI) attraction. However, it seems that the global economic slowdown of 2009 coupled with increasing Euro-skepticism have already started to erode this effect. Only large a volume of foreign investment in the energy sector observed in 2009–13, explained by the energy security strategy of the European Union and the internal liberalization agenda, has prevented the collapse of FDI inflows to Turkey. 2015-12-24T17:40:35Z 2015-12-24T17:40:35Z 2015-09-15 Journal Article Turkish Studies 1468-3849 http://hdl.handle.net/10986/23516 en_US CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Taylor and Francis Publications & Research :: Journal Article Publications & Research European Union Turkey
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language en_US
topic investment climate
direct foreign investment
DFI
energy
spellingShingle investment climate
direct foreign investment
DFI
energy
Sánchez-Martín, Miguel Eduardo
Escribano Francés, Gonzalo
de Arce Borda, Rafael
Will Energy Save FDI Inflows to Turkey from the Cool Down of EU Accession Prospects? : A Case Study of How Geo-political Alliances and Regional Networks Matter
geographic_facet European Union
Turkey
description Turkey has historically struggled to attract foreign investors. This paper discusses how the start of the European Union's accession negotiations in 2005 encompassed a wide set of reforms in several chapters of the acquis communautaire that resulted in higher foreign direct investment (FDI) attraction. However, it seems that the global economic slowdown of 2009 coupled with increasing Euro-skepticism have already started to erode this effect. Only large a volume of foreign investment in the energy sector observed in 2009–13, explained by the energy security strategy of the European Union and the internal liberalization agenda, has prevented the collapse of FDI inflows to Turkey.
format Journal Article
author Sánchez-Martín, Miguel Eduardo
Escribano Francés, Gonzalo
de Arce Borda, Rafael
author_facet Sánchez-Martín, Miguel Eduardo
Escribano Francés, Gonzalo
de Arce Borda, Rafael
author_sort Sánchez-Martín, Miguel Eduardo
title Will Energy Save FDI Inflows to Turkey from the Cool Down of EU Accession Prospects? : A Case Study of How Geo-political Alliances and Regional Networks Matter
title_short Will Energy Save FDI Inflows to Turkey from the Cool Down of EU Accession Prospects? : A Case Study of How Geo-political Alliances and Regional Networks Matter
title_full Will Energy Save FDI Inflows to Turkey from the Cool Down of EU Accession Prospects? : A Case Study of How Geo-political Alliances and Regional Networks Matter
title_fullStr Will Energy Save FDI Inflows to Turkey from the Cool Down of EU Accession Prospects? : A Case Study of How Geo-political Alliances and Regional Networks Matter
title_full_unstemmed Will Energy Save FDI Inflows to Turkey from the Cool Down of EU Accession Prospects? : A Case Study of How Geo-political Alliances and Regional Networks Matter
title_sort will energy save fdi inflows to turkey from the cool down of eu accession prospects? : a case study of how geo-political alliances and regional networks matter
publisher Taylor and Francis
publishDate 2015
url http://hdl.handle.net/10986/23516
_version_ 1764454065575559168