Working Papers

The ‘New’ Trade Theories and New Trading Opportunities for Turkey




Economic Research Forum (ERF)


November, 1994


F. International Economics

Abstract The paper presents a selective review of the 'new' theories of international trade and examines their relevance to the new opportunities facing Turkey following the dramatic changes in the former Soviet Union (FSU). A gravity flow model is developed to assess the results of these changes. The main findings are that the FSU republics appear to be more 'natural' trade partners for Turkey, and hence there is a great potential for Turkey as well as the FSU republics to increase their trading arrangements. The policy implications of this redirection of trade are also discussed. Arabic Abstract:
تقدم الورقة عرضا مختارا لنظريات التجارة الدولية الجديدة، وتختبر ملائمتها للفرص الجديدة امام تركيا بعد التغيرات الجذرية فى الاتحاد السوفيتى السابق. وتم بناء نموذج اتجاه الجاذبية (Gravity Flow Model) لتقدير نتائج هذه التغيرات. وأهم ما توصلت اليه الورقة ه
The ‘New’ Trade Theories and New Trading Opportunities for Turkey

Research Fellows

Raed Safadi

Chief Economic Adviser, Dubai's Department of Economic...