The Outlook for Peace in Cyprus after the Financial Crisis and Gas Discoveries

Cilt: 19 Sayı: 43 1 Haziran 2017
  • Akif Bahadır Kaynak
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The Outlook for Peace in Cyprus after the Financial Crisis and Gas Discoveries

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The end of Cold War eased political tensions in many corners of the World however the conflicts arising from regional dynamics were carried on to the new century. The Greek-Turkish power struggle on Cyprus is among those hot spots where a political settlement has not been reached yet even though the root of disagreement lies in Cold War years. The rejection of Annan Plan by the South in 2004 created a frustration in the Northern Cyprus and Turkey breaking hopes for reconciliation. This status quo was fundamentally altered when the economic model of Cyprus collapsed as a consequence of contagion from European financial crisis. Almost simultaneously significant reserves of natural gas deposits were discovered in Eastern Mediterranean some of which were located to the south of the island. Aphrodite natural gas reserve promised the recovery of economic glimmer of the island provided that legal and technical issues on the extraction and transfer of this resource to European markets are resolved. Turkey has the means to increase transaction costs for Cyprus and energy companies if left out of this deal but can alternatively provide a transit route to European markets for Cyprus’ natural gas. The demise of Cyprus as an off-shore financial center and the prospects for becoming and energy supplier to European markets changed the payoffs of this deadlocked game considerably. In this new setting Turkey, Greece and Cypriots have a strong incentive to cooperate in order to realize the potential in the energy game

Anahtar Kelimeler

Kaynakça

  1. Andrei, V., Belyi, A. (2015). “Between a rock and a hard place: International market dynamics, domestic poli- tics and Gazprom’s strategy”, European University Institute Working Papers, RSCAS 22.
  2. Bilgin, M. (2010). “Energy and Turkey’s Foreign Policy: State Strategy, Regional Cooperation and Private Sector Involvement”, Turkish Policy Quarterly 9/2: 81-92.
  3. Bilgin, M. (2015). “Turkey’s Energy Strategy, Synchronizing Geopolitics and Foreign Policy with Energy Security?” Insight Turkey 17/2: 67-81.
  4. Delanoe, I. (2013). “Cyprus, A Russian Foothold in the Changing Eastern Mediterranean”, Middle East Review of International Affairs 17/2: 84-93.
  5. Eichengreen, B. (2010). “The Breakup of the Euro Area”. in B. Eichengreen ed., In Europe and the Euro, (Chicago: University of Chicago Press), 11-51 .
  6. Emerson, M. (2013). “Fishing for Gas and More in Cypriot Waters”. Global Turkey in Europe, 65.
  7. Fackrell, B. (2013). “Current Developments in Regional Energy Security and Turkey”, Insight Turkey 15/1: 63-72
  8. Ateşoğlu Güney, N. (2015). “Turkey as an Energy Hub for Europe”, European Energy and Climate Security, 31: 65-80

Ayrıntılar

Birincil Dil

İngilizce

Konular

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Bölüm

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Yazarlar

Akif Bahadır Kaynak Bu kişi benim

Yayımlanma Tarihi

1 Haziran 2017

Gönderilme Tarihi

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Kabul Tarihi

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Yayımlandığı Sayı

Yıl 2017 Cilt: 19 Sayı: 43

Kaynak Göster

APA
Kaynak, A. B. (2017). The Outlook for Peace in Cyprus after the Financial Crisis and Gas Discoveries. Kıbrıs Araştırmaları Dergisi, 19(43), 1-13. https://izlik.org/JA98JD73NC
AMA
1.Kaynak AB. The Outlook for Peace in Cyprus after the Financial Crisis and Gas Discoveries. JCS. 2017;19(43):1-13. https://izlik.org/JA98JD73NC
Chicago
Kaynak, Akif Bahadır. 2017. “The Outlook for Peace in Cyprus after the Financial Crisis and Gas Discoveries”. Kıbrıs Araştırmaları Dergisi 19 (43): 1-13. https://izlik.org/JA98JD73NC.
EndNote
Kaynak AB (01 Haziran 2017) The Outlook for Peace in Cyprus after the Financial Crisis and Gas Discoveries. Kıbrıs Araştırmaları Dergisi 19 43 1–13.
IEEE
[1]A. B. Kaynak, “The Outlook for Peace in Cyprus after the Financial Crisis and Gas Discoveries”, JCS, c. 19, sy 43, ss. 1–13, Haz. 2017, [çevrimiçi]. Erişim adresi: https://izlik.org/JA98JD73NC
ISNAD
Kaynak, Akif Bahadır. “The Outlook for Peace in Cyprus after the Financial Crisis and Gas Discoveries”. Kıbrıs Araştırmaları Dergisi 19/43 (01 Haziran 2017): 1-13. https://izlik.org/JA98JD73NC.
JAMA
1.Kaynak AB. The Outlook for Peace in Cyprus after the Financial Crisis and Gas Discoveries. JCS. 2017;19:1–13.
MLA
Kaynak, Akif Bahadır. “The Outlook for Peace in Cyprus after the Financial Crisis and Gas Discoveries”. Kıbrıs Araştırmaları Dergisi, c. 19, sy 43, Haziran 2017, ss. 1-13, https://izlik.org/JA98JD73NC.
Vancouver
1.Akif Bahadır Kaynak. The Outlook for Peace in Cyprus after the Financial Crisis and Gas Discoveries. JCS [Internet]. 01 Haziran 2017;19(43):1-13. Erişim adresi: https://izlik.org/JA98JD73NC

Kıbrıs Araştırmaları Dergisi

Kıbrıs Araştırmaları Merkezi

Doğu Akdeniz Üniversitesi

Gazimağusa, Kuzey Kıbrıs, Mersin 10, Turkey