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AN ANALYSIS OF BILATERAL TRADE RELATION BETWEEN TURKEY AND RUSSIA: CHALLENGES AND OPPORTUNITIES OF RUSSIA-UKRAINE WAR

Cilt: 23 Sayı: 50 30 Eylül 2024
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AN ANALYSIS OF BILATERAL TRADE RELATION BETWEEN TURKEY AND RUSSIA: CHALLENGES AND OPPORTUNITIES OF RUSSIA-UKRAINE WAR

Öz

Purpose: This study examines Turkey's bilateral trade intercourse with Russia in order to identify potentialities and problems for Turkey caused by the Russia-Ukraine War. Method/Design/Methodology/Approach: In the course of the study, with the help of descriptive statistics and calculations of trade indices such as trade intensity and trade complementarity indices, the current state of Russian-Turkish trade was examined. Afterwards, commodity sectors in which supply is expected to fall due to international companies’ suspension of businesses were identified. Next, the revealed comparative advantage index and its dynamic form were calculated to assess Turkey's potentialities to export commodities of the identified sectors to Russia and to highlight commodities groups where export policy should be improved. Thus, the study considers Russia and Turkey not as competitors, but as partners. Findings: It has been concluded that the countries have tight-connections and, to a certain extent, are dependent on one another. Both Russia and Turkey can benefit from further intensifying bilateral trade and improving partnership in other spheres as well. Originality: There is substantial literature comparing Russia and Turkey with other countries, trade blocks or with each other, mainly these two countries are counterposed from a competition perspective. This article, on the contrary, evaluates how cooperation and bilateral trade can improve the economic situation of both Russia and Turkey.

Anahtar Kelimeler

Kaynakça

  1. Agha, N. I. (2021). Reimagining Turkey-Russia relations: an analysis of the Plane Crisis. TESAM Akademi Dergisi, 8(2), 429–457. https://doi.org/10.30626/tesamakademi.949060
  2. Arafat, M., & Alnuaimy, M. (2011). The Turkish-Russian relations in the era of AKP. Afyon Kocatepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 13(2), 103–133. Retrieved from https://dergipark.org.tr/tr
  3. Balassa, B (1965). Trade liberalisation and revealed comparative advantage. The Manchester School of Economic and Social Studies, 33(2), 99–123. https://doi.org/10.1111/j.1467-9957.1965.tb00050.x
  4. Balta, E. (2019). From geopolitical competition to strategic partnership: Turkey and Russia after the Cold War. Uluslararasi İliskiler Dergisi, 16(63), 69–86. https://doi.org/10.33458/uidergisi.621309
  5. Bechev, D. (2021, April 14). Turkey’s tightrope between Russia and the United States. Carnegie Endowment for International Peace. Retrieved from https://carnegiemoscow.org
  6. Diaz-Printz J., & Çuhadar E. (2022, April 28). To sustain hopes for peace in Ukraine keep an eye on Turkey. United States Institute of Peace. Retrieved from https://www.usip.org
  7. Edwards L., & Schoer V. (2002). Measures of competitiveness: a dynamic approach to South Africa's trade performance in the 1990s. South African Journal of Economics, 70(6), 1008–1046. https://doi.org/10.1111/j.1813-6982.2002.tb00055.x
  8. FAO, IFAD, UNICEF, WFP, & WHO. (2022). The state of food security and nutrition in the world 2022. Repurposing food and agricultural policies to make healthy diets more affordable. Rome, FAO. 20–21. https://doi.org/10.4060/cc0639en

Ayrıntılar

Birincil Dil

İngilizce

Konular

Uluslararası İşletmecilik

Bölüm

Araştırma Makalesi

Erken Görünüm Tarihi

30 Eylül 2024

Yayımlanma Tarihi

30 Eylül 2024

Gönderilme Tarihi

15 Ağustos 2023

Kabul Tarihi

23 Eylül 2024

Yayımlandığı Sayı

Yıl 2024 Cilt: 23 Sayı: 50

Kaynak Göster

APA
Kurt Gümüş, G., & Kramskova, M. (2024). AN ANALYSIS OF BILATERAL TRADE RELATION BETWEEN TURKEY AND RUSSIA: CHALLENGES AND OPPORTUNITIES OF RUSSIA-UKRAINE WAR. İstanbul Ticaret Üniversitesi Sosyal Bilimler Dergisi, 23(50), 1876-1902. https://doi.org/10.46928/iticusbe.1343400
AMA
1.Kurt Gümüş G, Kramskova M. AN ANALYSIS OF BILATERAL TRADE RELATION BETWEEN TURKEY AND RUSSIA: CHALLENGES AND OPPORTUNITIES OF RUSSIA-UKRAINE WAR. İstanbul Ticaret Üniversitesi Sosyal Bilimler Dergisi. 2024;23(50):1876-1902. doi:10.46928/iticusbe.1343400
Chicago
Kurt Gümüş, Gülüzar, ve Marina Kramskova. 2024. “AN ANALYSIS OF BILATERAL TRADE RELATION BETWEEN TURKEY AND RUSSIA: CHALLENGES AND OPPORTUNITIES OF RUSSIA-UKRAINE WAR”. İstanbul Ticaret Üniversitesi Sosyal Bilimler Dergisi 23 (50): 1876-1902. https://doi.org/10.46928/iticusbe.1343400.
EndNote
Kurt Gümüş G, Kramskova M (01 Eylül 2024) AN ANALYSIS OF BILATERAL TRADE RELATION BETWEEN TURKEY AND RUSSIA: CHALLENGES AND OPPORTUNITIES OF RUSSIA-UKRAINE WAR. İstanbul Ticaret Üniversitesi Sosyal Bilimler Dergisi 23 50 1876–1902.
IEEE
[1]G. Kurt Gümüş ve M. Kramskova, “AN ANALYSIS OF BILATERAL TRADE RELATION BETWEEN TURKEY AND RUSSIA: CHALLENGES AND OPPORTUNITIES OF RUSSIA-UKRAINE WAR”, İstanbul Ticaret Üniversitesi Sosyal Bilimler Dergisi, c. 23, sy 50, ss. 1876–1902, Eyl. 2024, doi: 10.46928/iticusbe.1343400.
ISNAD
Kurt Gümüş, Gülüzar - Kramskova, Marina. “AN ANALYSIS OF BILATERAL TRADE RELATION BETWEEN TURKEY AND RUSSIA: CHALLENGES AND OPPORTUNITIES OF RUSSIA-UKRAINE WAR”. İstanbul Ticaret Üniversitesi Sosyal Bilimler Dergisi 23/50 (01 Eylül 2024): 1876-1902. https://doi.org/10.46928/iticusbe.1343400.
JAMA
1.Kurt Gümüş G, Kramskova M. AN ANALYSIS OF BILATERAL TRADE RELATION BETWEEN TURKEY AND RUSSIA: CHALLENGES AND OPPORTUNITIES OF RUSSIA-UKRAINE WAR. İstanbul Ticaret Üniversitesi Sosyal Bilimler Dergisi. 2024;23:1876–1902.
MLA
Kurt Gümüş, Gülüzar, ve Marina Kramskova. “AN ANALYSIS OF BILATERAL TRADE RELATION BETWEEN TURKEY AND RUSSIA: CHALLENGES AND OPPORTUNITIES OF RUSSIA-UKRAINE WAR”. İstanbul Ticaret Üniversitesi Sosyal Bilimler Dergisi, c. 23, sy 50, Eylül 2024, ss. 1876-02, doi:10.46928/iticusbe.1343400.
Vancouver
1.Gülüzar Kurt Gümüş, Marina Kramskova. AN ANALYSIS OF BILATERAL TRADE RELATION BETWEEN TURKEY AND RUSSIA: CHALLENGES AND OPPORTUNITIES OF RUSSIA-UKRAINE WAR. İstanbul Ticaret Üniversitesi Sosyal Bilimler Dergisi. 01 Eylül 2024;23(50):1876-902. doi:10.46928/iticusbe.1343400

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