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...
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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 |
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Digital Repository |
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Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
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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 |