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The Future of EU-Turkish Tourism Relations under the Shade of BREXIT

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  • Ruhet Genc

    (Turkish-German University)

Abstract

This study aims to discuss the development of tourism sector Turkey with respect to recent political and economic context in EU-Turkey relationship characterized by political instability and growing economic crisis in Turkey along with the era of EU after the leave of United Kingdom, which is commonly known as “Brexit”. Parallel to the analysis of Genç (1998), the manuscript will argue that the strong relationship between EU and Turkey may be beneficial for both parties in the current context, where Turkish lira is rapidly devaluated with respect to adverse political and economic conditions in Turkey and EU seeks alternative routes for structural reforms in order to prevent the collapse of EU after losing one of its strong members, UK, as a result of dissatisfaction from the possibility of Turkey’s membership to the EU. The manuscript will conclude that EU still plays an important role for the development of Turkish tourism; therefore strong relationships will be pursued for a sustainable tourism development with standardized quality and persistent innovation compatible with the EU legislation for service sector.

Suggested Citation

  • Ruhet Genc, 2018. "The Future of EU-Turkish Tourism Relations under the Shade of BREXIT," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 14(5), pages 736-744, OCTOBER.
    • Handle: RePEc:dug:actaec:y:2018:i:5:p:736-744
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    References listed on IDEAS

    as
    1. Mihai Macovei, 2009. "Growth and economic crises in Turkey: leaving behind a turbulent past?," European Economy - Economic Papers 2008 - 2015 386, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    2. Dogan, Eyup & Aslan, Alper, 2017. "Exploring the relationship among CO2 emissions, real GDP, energy consumption and tourism in the EU and candidate countries: Evidence from panel models robust to heterogeneity and cross-sectional depen," Renewable and Sustainable Energy Reviews, Elsevier, vol. 77(C), pages 239-245.
    3. Paul Grauwe, 2016. "What Future for the EU After Brexit?," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 51(5), pages 249-251, September.
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