2021
DOI: 10.22598/iele.2021.8.2.7
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Turkey’s Trade With Western Balkans: Looking Beyond the Turkish Foreign Policy

Abstract: In this paper, through the use of the model of trade gravity, the aim is to analyze the trade between Turkey and the countries of the Western Balkans, looking beyond Turkey's foreign policy. In Turkish foreign policy, trade with the region and investment in the region is of particular importance. Even economic-trade relations are among the main elements of Turkish foreign policy. The dependent variable represents Turkey's exports and imports to the Western Balkan countries for the period 2009-2019, while the i… Show more

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Cited by 9 publications
(3 citation statements)
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“…[53]. Similar variables were also used by Jusufi and Ukaj [54] who applied the gravity model to trade exchanges between Turkey and the Western Balkans. There is applied the gravity model: In the model, country (i) is Western Balkans; country (j) is EU.…”
Section: Methodsmentioning
confidence: 99%
“…[53]. Similar variables were also used by Jusufi and Ukaj [54] who applied the gravity model to trade exchanges between Turkey and the Western Balkans. There is applied the gravity model: In the model, country (i) is Western Balkans; country (j) is EU.…”
Section: Methodsmentioning
confidence: 99%
“…Countries such as the Republic of Kosovo, Albania, North Macedonia, Bosnia and Herzegovina are among nations whose economies are in the process of transition with some of these countries transition phase in its later stage while the Republic of Kosovo economy is in the earlier phase of its transition as such, they are faced with challenges that are associated with the continues metamorphosis of the macroeconomic nature of their economy (Ukaj, Ramaj & Livoreka, 2020;Jusufi & Ukaj, 2021). Scholars such as have also identified that the country's economy is still in the early stages of its transition while bearing in mind that some other countries have completed or in the tail end of their transition phase as such its essential that entrepreneurs in Kosovo learns from the blue prints of countries that have completed its transition so as to be able to develop a business brand that is capable of competing and most importantly, Thus, creating a platform for contributing towards the growth of the nation Gashi, 2020).…”
Section: Introductionmentioning
confidence: 99%
“…This process is characterized by changes of macroeconomic nature [1,2]. In terms of economic structure, Kosovo does not differ much from Montenegro, Albania, North Macedonia, Bosnia and Herzegovina, but Kosovo differs in terms of political problems and the transition process [3][4][5]. Historically, Kosovo has always suffered from underdevelopment and economic backwardness.…”
Section: Introductionmentioning
confidence: 99%