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Importance of Transport Corridors in Regional Development: The Case of TRACECA

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  • Hilal YILDIRIR KESER

Abstract

After the Second World War regional development has been an important subject of economic analysis. Transport activities and developing transport corridors have been observed among the most important factors in ensuring regional development. One of the most comprehensive transport corridors is the TRACECA (Europa-Caucasus-Asia Transport Corridor) corridor which is referred to as the New Silk Road. The TRACECA corridor has been thought to play an important role in Turkey's all kinds of passenger and freight transport, use of the potential in terms of tourism and trade, and regional development. With this point of view in mind, in the study, it has been aimed to reveal the effects of TRACECA corridor on the economic potential and regional development. Within this context, firstly the regional development has been handled. Then, referring to the transport corridors, TRACECA corridor has been explained, and the effects of TRACECA towards regional development have been discussed.

Suggested Citation

  • Hilal YILDIRIR KESER, 2015. "Importance of Transport Corridors in Regional Development: The Case of TRACECA," Sosyoekonomi Journal, Sosyoekonomi Society, issue 23(24).
    • Handle: RePEc:sos:sosjrn:150210
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    More about this item

    Keywords

    Regional Development; Transport Corridor; TRACECA; The New Silk Road.;
    All these keywords.

    JEL classification:

    • R1 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics
    • F1 - International Economics - - Trade
    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development

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