International Congress on Eurasian Economies

International Conference on Eurasian Economies

10-12 July 2017 – Istanbul, TURKEY

Paper detail

Paper ID : 1857
Status : Paper published
Language : Turkish
Topic : Growth and Development
Presenter: Assoc. Prof. Dr. Semin Paksoy
Session : 2D Uluslararası İlişkiler

Economic Analysis of Turkey and European Countries Before and After the Syrian War
Suriye Savaşı Öncesi ve Sonrasında Türkiye ve Avrupa Ülkelerinin Ekonomik Analizi

Abstract

Undoubtedly, a war in a country is a great destruction for its citizens. The Syrians have had to take refuge in other countries because of their vital problems. European countries have adopted a rigid attitude towards refugees to protect themselves. How did the refugee mobility, arising from internal conflicts in Syria and embodying different qualities within its constitution, affect European countries due to global economic relations? Or did Europe continue its economic development without being negatively affected by the geographically distant war? On the other side, to what extent has Turkey been able to protect itself economically? Can Turkey continue their progress towards the EU? This work investigating answers to these questions is based on the Maastricht criteria set to ensure economic integration at an advanced level among EU countries. The data related to these criteria cover 6 annual data of pre and post of the war. In the analysis, countries are ranked and evaluated with the flows of criteria, using PROMETHEE method. The result of the analysis shows that generally there is a decrease, in comparison, in the net flows of the second period. This implies that countries are not in better situation compared to the first period which covered 2008 financial crisis. In other words, the EU may likely remain behind of its economic and fiscal targets.

JEL codes: C02, C44, C61

Paksoy, Semin (2017). "Economic Analysis of Turkey and European Countries Before and After the Syrian War" in Proceedings of International Conference of Eurasian Economies 2017, pp.500-508, Istanbul, TURKEY.

DOI: https://doi.org/10.36880/C08.01857

Full paper in PDF format.

Session 2D: Uluslararası İlişkiler

Eurasian Economists Association Istanbul Beykent University Kyrgyz-Turkish Manas University TIKA Turkish Central Bank Kavram Vocational High School