Evaluation of the Economic Relations between Turkey and Uzbekistan

KURT, ASLI SEDA; Simsek, Nevzat

Evaluation of the Economic Relations between Turkey and Uzbekistan

Nevzat ŞİMŞEK, (Dokuz Eylül Üniversitesi, İktisadi ve İdari Bilimler Fakültesi, İktisat Bölümü, İzmir, Türkiye)

Aslı Seda KURT (Dokuz Eylül Üniversitesi, İktisadi ve İdari Bilimler Fakültesi, Ekonomi, İzmir, Türkiye)

Perceptions: Journal of International Affairs

5 0

Yıl: 2021 Cilt: 26 Sayı: 1 Sayfa Aralığı: 121 - 151 Metin Dili: İngilizce İndeks Tarihi: 13-10-2021

Evaluation of the Economic Relations between Turkey and Uzbekistan

Öz:

This paper aims to analyze the economic relationship between Turkey andUzbekistan, placing special importance on trade relations. To this end, thedata of selected macroeconomic indicators, selected development indicators, selected demographic indicators and indicators for technology andcommunication, tourism and foreign direct investments are reported andexamined. In order to analyze the trade patterns between Turkey and Uzbekistan, as a contribution to the existing literature, in this paper, we willuse a complementarity index and bilateral revealed comparative advantage indexes simultaneously to evaluate the trade relations between Turkeyand Uzbekistan in detail. The findings of the paper show that there is hugepotential to further develop economic relations between Uzbekistan andTurkey. Strengthening and developing Uzbekistan-Turkey relations willcreate gravity for the other countries in the region and will play a key rolein sustaining not only the relations between Turkey and the regional countries, but the relations among the regional countries.

Anahtar Kelime:

Belge Türü: Makale Makale Türü: Araştırma Makalesi Erişim Türü: Erişime Açık

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4 Hüseyin Altay, Fatih Çelebioğlu & Ali Şen, “Ticari Yoğunlaşma Kapsamında Türkiye’nin Küresel Ölçekli Dış Ticaret Analizi,” Dumlupınar Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, No. 26 (2009), p. 1.
5 Alaattin Kızıltan & Ali Rıza Sandalcılar, “Türkiye’nin Dış Ticaretinde Ekonomik İşbirliği Teşkilatı’nın (ECO) Yeri ve Önemi,” Avrasya Etüdleri, Vol. 38, No. 1 (2011), pp. 100 & 108.
6 Meryem Doğruyol, Türkiye İle Ekonomik İşbirliği Teşkilatı Üyesi Ülkeler Arasındaki Endüstri İçi Ticaretin Analizi, unpublished MA thesis, Nevşehir: Hacı Bektaş Veli University, 2018.
7 If a country’s HDI value is less than 0.550, this country is classified in the low HDI category. If a country’s HDI value is between 0.550–0.699, this country is in the medium HDI category and if the HDI value of a country is higher than 0.800, this country is in the very high HDI group. “Human Development Indices and Indicators 2018 Statistical Update,” UNDP, 2018, http://hdr.undp. org/sites/default/files/2018_human_development_statistical_update.pdf (Accessed April 5, 2019).
8 Zhengizkhan Zhanaltay, “Remittance Inflows to Uzbekistan, Kyrgyzstan and Tajikistan in 2016: Current Trends and Prospects,” in Nevzat Şimsek, Lidiya Parkhomchik & Hayal Ayça Şimşek (eds.), Eurasia Outlook 2015: Economic, Social and Political Perspectives in Eurasia, Almaty: Eurasian Research Institute, 2017, p. 53.
9 “The Travel & Tourism Competitiveness Report 2011,” World Economic Forum, http://www3. weforum.org/docs/TTCR11/, p. 13 (Accessed April 18, 2019).
10 Ibid, p. 40.
11 “Genel Değerlendirme,” Ministry of Culture and Tourism, 2018, http://yigm.kulturturizm.gov.tr/ TR-232959/2018-yili-genel-turizm-istatistikleri.html (Accessed May 1, 2019).
12 Erkin Baydarov, “The Developments in the Tourism Sector in Uzbekistan,” Şimşek, Parkhomchik & Şimşek (eds.), Eurasia Outlook 2016, p. 89.
13 Erkin Baydarov, “The Current Situation of the Foreign Direct Investments in the Economy of Uzbekistan,” Şimşek, Parkhomchik & Şimşek (eds.), Eurasia Outlook 2016, pp. 124–125.
14 Because of unavailable data for Uzbekistan as reporter country, we had to find all the countries that export to and import from Uzbekistan and sum up these data to reach Uzbekistan total export and import from World countries for 1992, 2000, 2010 and 2017. Despite being aware of the possibility of the lack of some countries trade to Uzbekistan, we assume that this case is rare.
15 Gary Clyde Hufbauer & John C. Chilas, “Specialization by Industrial Countries: Extent and Consequences,” in Herbert Giersch (ed.), The International Division of Labour: Problems and Perspectives, Tubingen: Mohr, 1974, pp. 3–38.
16 This classification is also used by Bahri Yılmaz, “Turkey’s Competitiveness in the European Union: A Comparison with Five Candidate Countries:Bulgaria, The Czech Republic, Hungary, Poland, Romania – and the EU15,” Ezoneplus Working Paper, No. 12 (February 2003).
17 Michael Michaely, “Trade Preferential Agreements in Latin America: An Ex-Ante Assessment,” World Bank Policy Research Working Paper, No. 1583 (1996).
18 Nevzat Şimşek, Hayal Ayça Şimşek & Zhengizkhan Zhanaltay, “Analysis of Bilateral Trade Relations between Turkey and Russian Federation,” Bilig, No. 83 (Autumn 2017), p. 12; Nevzat Şimşek, Cengizhan Canaltay & Hayal Ayça Şimşek, “Trade Relations Between Turkey and Kazakhstan on the 25th Anniversary of Kazakhstan’s Independence,” Perceptions: Journal of International Affairs, Vol. 22, No. 1 (Spring 2017), p 17.
19 Bela Balassa, “Trade Liberalisation and ‘Revealed’ Comparative Advantage,” The Manchester School, Vol. 33, No. 2 (May 1965), pp. 99–123.
20 Nevzat Şimşek, Dilek Seymen & Utku Utkulu, “Turkey’s Competitiveness in the EU Market: A Comparison of Different Trade Measures,” Dokuz Eylül Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, Vol. 12, No. 2 (2010), p. 109.
21 Thanh Hoan Phan, & Ji Yong Jeong, “An Analysis of Korea-Vietnam Bilateral Trade Relation,” Munich Personal RePEc Archive MPRA Paper, No. 48312 (2012), p. 16.
22 Balance policy means that nations stay alive and maintain their place in the international arena.
23 Indeo, “Turkey’s Geo-Economic Projection and Energy Interests in Central Asia,” pp. 73–87.
24 “Özbekistan’da Yabancı Yatırımcılara Yönelik Ayrıcalıklar,” T.C. Taşkent Büyükelçiliği Ticaret Müşavirliği, January 30, 2020, https://ticaret.gov.tr (Accessed January 31, 2021).
25 Martin Russell, “Uzbekistan Comes in from the Cold: A New Era of Reforms,” European Parliamentary Research Service, December 17, 2018, http://www.europarl.europa.eu/thinktank/it/document.html?reference=EPRS_BRI%282018%29630344 (Accessed May 1, 2019).
26 Adam Saud, “Changing Dynamics of Uzbekistan’s Foreign Policy under Shavkat Mirziyoyev: Prospects for Central Asian Regional Integration,” Central Asia Journal, No. 82 (Summer 2018).
27 Özge Nur Öğütçü, “Uzbekistan’s Regional Policies under New President: A New Era?” AVİM Analysis, No. 26 (2017).

APA	Simsek N, KURT A (2021). Evaluation of the Economic Relations between Turkey and Uzbekistan. , 121 - 151.
Chicago	Simsek Nevzat,KURT ASLI SEDA Evaluation of the Economic Relations between Turkey and Uzbekistan. (2021): 121 - 151.
MLA	Simsek Nevzat,KURT ASLI SEDA Evaluation of the Economic Relations between Turkey and Uzbekistan. , 2021, ss.121 - 151.
AMA	Simsek N,KURT A Evaluation of the Economic Relations between Turkey and Uzbekistan. . 2021; 121 - 151.
Vancouver	Simsek N,KURT A Evaluation of the Economic Relations between Turkey and Uzbekistan. . 2021; 121 - 151.
IEEE	Simsek N,KURT A "Evaluation of the Economic Relations between Turkey and Uzbekistan." , ss.121 - 151, 2021.
ISNAD	Simsek, Nevzat - KURT, ASLI SEDA. "Evaluation of the Economic Relations between Turkey and Uzbekistan". (2021), 121-151.

APA	Simsek N, KURT A (2021). Evaluation of the Economic Relations between Turkey and Uzbekistan. Perceptions: Journal of International Affairs, 26(1), 121 - 151.
Chicago	Simsek Nevzat,KURT ASLI SEDA Evaluation of the Economic Relations between Turkey and Uzbekistan. Perceptions: Journal of International Affairs 26, no.1 (2021): 121 - 151.
MLA	Simsek Nevzat,KURT ASLI SEDA Evaluation of the Economic Relations between Turkey and Uzbekistan. Perceptions: Journal of International Affairs, vol.26, no.1, 2021, ss.121 - 151.
AMA	Simsek N,KURT A Evaluation of the Economic Relations between Turkey and Uzbekistan. Perceptions: Journal of International Affairs. 2021; 26(1): 121 - 151.
Vancouver	Simsek N,KURT A Evaluation of the Economic Relations between Turkey and Uzbekistan. Perceptions: Journal of International Affairs. 2021; 26(1): 121 - 151.
IEEE	Simsek N,KURT A "Evaluation of the Economic Relations between Turkey and Uzbekistan." Perceptions: Journal of International Affairs, 26, ss.121 - 151, 2021.
ISNAD	Simsek, Nevzat - KURT, ASLI SEDA. "Evaluation of the Economic Relations between Turkey and Uzbekistan". Perceptions: Journal of International Affairs 26/1 (2021), 121-151.