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  • Article
    Citation - WoS: 1
    Citation - Scopus: 1
    How Do Real and Monetary Integrations Affect Inflation Dynamics?
    (Elsevier, 2023) Saygili, Hulya
    This paper examines the significance of real and monetary integrations for the inflationary dynamics of an emerging country, Turkey. The analysis accounts for 2-digit items of CPI inflation, which can be broadly categorized as tradable versus non-tradable and goods versus services. We find that a fall in the inflation gap between partner countries is mainly related to real integration whereas the co-movement of inflation is prominently driven by monetary policy co-movements. The product-type analysis shows that inflation gap in tradable items between trade partners shrinks and becomes more correlated with the (de)convergence and co-movement of real integration.
  • Article
    Citation - WoS: 4
    AN EVALUATION OF TURKEY'S WESTERN BALKANS POLICY UNDER THE AKP AND PROSPECTS FOR THE POST-DAVUTOGLU ERA
    (Selcuk Univ, inst Turkish Studies, 2018) Koc, Zeynep Elif; Onsoy, Murat
    This article argues that in the last decade there is a visible decline in the political, normative and economic power of the European Union (EU) as a dominant actor in the Western Balkans (WB). Particularly the slowing down of the EU's hegemonic project of Europeanization in the region created space for maneuver for other global and regional players. In this power vacuum, Turkey, alongside with Russia and China has aspired to play a central role in a region that is drifting into multi-polarity. This study aims to analyze Turkey's relations with the Western Balkans under the AKP Government.
  • Article
    An Example of the Threat From Italy To Turkey: Piracy in the Mediterranean
    (Selcuk Univ, Inst Turkish Studies, 2024) Birlik, Gultekin K.
    In August 1937, with the sinking of Spanish ships in front of Bozcaada and the sighting of foreign submarines in the Sea of Marmara, the Italian threat from piracy affected Turkey for the first time. While Turkey took measures against foreign submarines, including sinking them in the Sea of Marmara, it endeavored to prevent the possibilities that could create an atmosphere of conflict with Italy in the Aegean Sea. In the Anglo-French plan, which was first discussed at the Nyon Conference against piracy, it was envisaged that the north of the Aegean Sea would be controlled by the Turkish and the Soviet Union, and the south of it would be controlled by the navies of Greece and Yugoslavia. Due to the tension between the Soviet Union and Italy, Atat & uuml;rk saw this situation as ananti-Italy initiative and brought up the issue of giving assurance to Turkey against Italy. Prime Minister & Idot;smet & Idot;n & ouml;n & uuml; also thought that this situation harbored the possibility of conflict with Italy and argued that guarantees should be requested from England and France. As a result of the objections of Greece and Yugoslavia as well as Turkey; England and France had to undertake duty in the Aegean Sea against piracy. The fact that Turkey, Greece and Yugoslavia did not want Italy to take part in the Aegean Sea during the negotiations for Italy's participation in the Mediterranean Agreements, and that they would not allow it to enter the territorial waters and ports, shows that the Balkan Pact states implemented a common policy against Italy. The Turkish Ministry of Foreign Affairs' advocacy that in the face of the problems experienced in the process of Italy's accession to the Mediterranean Agreements, it was necessary to establish a policy together with Greece and Yugoslavia, explains this situation