By Alican Arcasoy
Membership in the European Union has long been a goal of the Turkish Government. The economic benefits of access to the single European market are highly attractive for a developing country like Turkey. However, joining the European Union requires a number of costly reforms. The institutional, political, and economic changes demanded by the Copenhagen Criteria can rack up a large bill for some governments. This paper will focus on the costs of reforming Turkey’s Judiciary to meet European Union standards, and whether or not those costs outweigh the economic benefits of membership.
Advisor: Michael Munger | JEL Codes: F5, F53, F59