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  • Yayın
    International trade and strategic behaviour: a game theoretical analysis of the trade dispute between Turkey and Russia
    (Routledge Journals, Taylor & Francis, 2017) Taşbaşı, Aslı
    Starting from the premise that strategic interactions between countries influence trade policy decisions, this paper is a first attempt at exploring the possible outcomes of a trade dispute between Turkey and Russia, assuming that Turkey can lodge a complaint about Russia's protectionist move to the WTO Dispute Settlement Body (DSB). Employing the course of events during the recent economic conflict between the two countries, the article models the stages of a trade game wherein players exhibit non-cooperative behaviour. It finds that Turkey reporting Russia to the DSB depends on the cost of the dispute, which represents both economic losses and losses that can be considered disadvantages in a broader sense. The results show that in trade relations where asymmetric interdependence is observed, if both parties mutually commit to an international organisation, binding regulations may provide strategy options that are otherwise infeasible for the disadvantaged player.
  • Yayın
    Turkey and Eurasia: Frontiers of a new geographic imagination
    (Omer Academic Publ House, 2009-03) Aras, Bülent; Fidan, Hakan
    Turkey has adopted a new course in foreign policy toward Eurasia. This article employs the notion of geographic imagination to analyze how Turkish policy-makers have developed a new political rhetoric and foreign policy towards the Eurasian region, specifically Central Asia, the Caucasus and Russia. Turkish policy-makers aim to further Turkey's interests ranging from security, over regional trade, to energy issues in this geography, in addition to creating an environment of cooperation and eliminating regional power constellations. We conclude that Turkey's renewed activism has opened new horizons for its relations in this region and that this new foreign policy orientation is linked to reform and change in Turkey's domestic landscape.