Authors:
Itir Ozer-Imer Faculty of Economics and Administrative Sciences Department of International Relations, Hacettepe University, 06800, Beytepe, Ankara, Turkey

Search for other papers by Itir Ozer-Imer in
Current site
Google Scholar
PubMed
Close
https://orcid.org/0000-0002-7779-1440
and
Emrullah Can Kilic Presidency of the Republic of Turkey, 06560, Beştepe, Ankara, Turkey

Search for other papers by Emrullah Can Kilic in
Current site
Google Scholar
PubMed
Close
https://orcid.org/0000-0002-0820-736X
Restricted access

Abstract

Turkish foreign policy has undergone a distinctive transformation in the last two decades, placing a greater emphasis on trade relations with her neighbours, which had previously been beyond the scope of Turkish foreign policy. In this respect, Turkey's relations with Russia improved dramatically due to strong trade relations, which not only contributed to the development of these countries but also resulted in peace-inducing effects. This study aims to highlight and analyse the role of economic interests and gains in the transformation of Turkish foreign policy from a political economic perspective. The study suggests that economic interests brought Turkey and Russia together, making hostilities less likely among the two countries. We make also policy recommendations, which take peculiarities of Russia into consideration in order to highlight further gains in trade relations with this country.

  • Altunışık, M. B. (2009): Worldviews and Turkish Foreign Policy in the Middle East. New Perspectives on Turkey, 40: 169192.

  • Arafat, M. Alnuaimy, L. O. M. (2011): The Turkish-Russian Relations in the Era of AKP. Afyon Kocatepe Üniversitesi, İİBF Dergisi, 13(2): 103133.

    • Search Google Scholar
    • Export Citation
  • Aras, B. Polat, R. K. (2008): From Conflict to Cooperation: Desecuritization of Turkey's Relations with Syria and Iran. Security Dialogue, 39(5): 495515.

    • Search Google Scholar
    • Export Citation
  • Aras, B. Fidan, H. (2009): Turkey and Eurasia: Frontiers of a New Geographic Imagination. New Perspectives on Turkey, 40: 193215.

    • Search Google Scholar
    • Export Citation
  • Arslan, M. (2013): Türkiye’nin Rusya ile Ekonomik İlişkileri ve Bu İlişkilerin Rusya Federasyonunda Yaşayan Türk Dilli Halklara Yansımaları (Turkey's Economic Relations with Russia and the Reflections of these Relations to the Turkic Speaking Peoples Living in the Russian Federation). Coğrafya Dergisi, 0(26): 4675.

    • Search Google Scholar
    • Export Citation
  • Babacan, M. (2011): Whither an Axis Shift: A Perspective from Turkey's Foreign Trade. Insight Turkey, 13(1): 129157.

  • Barbieri, K. (2005): The Liberal Illusion .AnnArbor: University of Michigan Press.

  • Barrans, T. (2015): Turkey-Iran Relations: Pragmatic Economics & the Ideological Ceiling to Strategic Relations. Journal of the Oxford Centre for the Study of Law & Public Policy, 1: 2748.

    • Search Google Scholar
    • Export Citation
  • Barysch, K. (2010): Can Turkey Combine EU Accession and Regional Leadership? Centre for European Reform, Policy Brief.

  • Bertrand, N. (2019): Russia Just Dealt a Huge Blow to Turkey Over its Downing of a Russian Warplane. Business Insider, http://www.businessinsider.com/russia-turkey-jet-visa-travel-agreement-2015-11.

    • Search Google Scholar
    • Export Citation
  • Büyükakıncı, E. (2012): Türk-Rus İlişkilerinin Değerlendirilmesi: Güvenlik Sorunsalından Çok Boyutlu Derinliğe Geçiş (Evaluation of Turkish-Russian Relations: Transition from Security Problematic to Multidimensional Depth). In: Büyükakıncı, E. Bacanlı, E. (eds): Sovyetler Birliği’nin Dağılmasından Yirmi Yıl sonra Rusya Federasyonu: Türk dilli Halklar ve Türkiye ile İlişkiler (The Russian Federation Twenty Years After the Dissolution of the Soviet Union: Turkic-Speaking Peoples and Relations with Turkey). Ankara: Atatürk Kültür Merkezi Yay, pp. 779842.

    • Search Google Scholar
    • Export Citation
  • Civan, A. Genç, S. Taser, D. Atakul, S. (2013): The Effect of New Turkish Foreign Policy on International Trade. Insight Turkey, 15(3): 107122.

    • Search Google Scholar
    • Export Citation
  • Dorussen, H. Ward, H. (2010): Trade Networks and the Kantian Peace. Journal of Peace Research, 47(1): 2942.

  • Findlay, R. Rourke, K. H. (2007): Power and Plenty: Trade, War, and the World Economy in the Second Millennium .Princeton, NJ: Princeton University Press.

    • Search Google Scholar
    • Export Citation
  • Gartzke, E. Li, Q. Boehmer, C. (2001): Investing in the Peace: Economic Interdependence and International Conflict. International Organization, 55(2): 391438.

    • Search Google Scholar
    • Export Citation
  • Gilpin, R. (1981): War and Change in World Politics .Cambridge: Cambridge University Press.

  • Gilpin, R. (2001): Global Political Economy: Understanding the International Economic Order. Princeton, NJ: Princeton University Press.

    • Search Google Scholar
    • Export Citation
  • Gökırmak, M. (2012): From Foe to Friend: Turkish-Russian Relations in the 21st Century. International Journal of Social Inquiry, 5(1-2): 85102.

    • Search Google Scholar
    • Export Citation
  • Göksedef, E. (2018): Putin dönemi Türk-Rus ilişkileri (Turkish-Russian Relations in the Putin Era). Al Jazeera Turk, http://www.aljazeera.com.tr/al-jazeera-ozel/putin-donemi-turk-rus-iliskileri.

    • Search Google Scholar
    • Export Citation
  • Hirschman, A. O. (1977): The Passions and the Interests. Princeton, NJ: Princeton University Press.

  • Irwin, D. A. (2015): Free Trade Under Fire. New Jersey: Princeton University Press.

  • İnat, K. (2015): Ekonomik İşbirliği Örgütü’nün 30. Yılında Türkiye-İran Ekonomik İlişkileri (Turkey-Iran Economic Relations in the 30th Anniversary of the Economic Cooperation Organization). SETA Analiz.

    • Search Google Scholar
    • Export Citation
  • İşeri, E. (2010): Eurasian Geopolitics and Financial Crisis: Transforming Russian-Turkish Relations from Geopolitical Rivalry to Strategic Cooperation. Journal of Balkan and Near Eastern Studies, 12(2): 173186.

    • Search Google Scholar
    • Export Citation
  • Karataş, A. Şimdi, H. Garip, B. (2020):The Correlational Relationship Between Misinvoicing and Non-Tariff Measures for Turkey’s Exports to the EU. Acta Oeconomica, 70(2): 327346.

    • Search Google Scholar
    • Export Citation
  • Keohane, R. Nye, J. (2012): Power and Interdependence. Boston: Longman.

  • Kınıklıoğlu, S. Morkva, V. (2007): An Anatomy of Turkish-Russian Relations. Southeast European and Black Sea Studies, 7(4): 533553.

    • Search Google Scholar
    • Export Citation
  • Kirişçi, K. (2009): The Transformation of Turkish Foreign Policy: The Rise of the Trading State. New Perspectives on Turkey, 40: 2957.

    • Search Google Scholar
    • Export Citation
  • Kutlay, M. (2011): Economy as the ‘Practical Hand' of ‘New Turkish Foreign Policy': A Political Economy Explanation. Insight Turkey, 13(1): 6788.

    • Search Google Scholar
    • Export Citation
  • Larrabee, S. F. (2010): Turkey's New Geopolitics. Survival, 52(2): 157180.

  • Montesquieu, C. (1748): The Spirit of Laws. Kitchener, Ontario: Batoche Books.

  • Müftüler-Baç, M. (2014): Changing Turkish Foreign Policy towards Iraq: New Tools of Engagement. Cambridge Review of International Affairs, 27(3): 538552.

    • Search Google Scholar
    • Export Citation
  • Oneal, J. R. Russett, B. (1999): Assessing the Liberal Peace with Alternative Specifications: Trade Still Reduces Conflict. Journal of Peace Research, 36(4): 423442.

    • Search Google Scholar
    • Export Citation
  • ORSAM (2018): Komşuluktan Stratejik İşbirliğine: Türk-Rus İlişkileri (From Neighborhood to Strategic Cooperation: Turkish-Russian Relations). Ortadoğu Stratejik Araştırmalar Merkezi, http://www.orsam.org.tr/index.php/Content/Report/21?s=su%7Cturkish.

    • Search Google Scholar
    • Export Citation
  • Öniş, Z. (2011): Multiple Faces of the ‘New' Turkish Foreign Policy: Underlying Dynamics and a Critique. Insight Turkey, 13(1): 4765.

    • Search Google Scholar
    • Export Citation
  • Özbay, F. (2011): Soğuk Savaş Sonrası Türkiye-Rusya İlişkileri (Post-Cold War Turkey-Russian Relations): 1992-2010. Bilge Strateji, 2: 3577.

    • Search Google Scholar
    • Export Citation
  • Özcan, M. (2011): From Distance to Engagement: Turkish Policy towards the Middle East, Iraq and Iraqi Kurds. Insight Turkey, 13(2): 7192.

    • Search Google Scholar
    • Export Citation
  • Özer-İmer, I. Kugler, J. Root, H. L. (2013): Turkey and the West: Bargaining for Realignment. Journal of Contemporary European Studies, 21(2): 218251.

    • Search Google Scholar
    • Export Citation
  • Polachek, S. W. (1997): Why Democracies Cooperate More and Fight Less: The Relationship between International Trade and Cooperation. Review of International Economics, 5(3): 295309.

    • Search Google Scholar
    • Export Citation
  • Sinkaya, B. (2012): Rationalization of Turkey-Iran Relations: Prospects and Limits. Insight Turkey, 14(2): 37156.

  • Tabatchnala-Tamirisa, N. (1997): Trade Liberalization and Industry Protection in Russia during 1992–95. Hitotsubashi Journal of Economics, 38(1): 7991.

    • Search Google Scholar
    • Export Citation
  • Turan, İ. (2019): Türk-Rus İlişkileri: Sorunlar ve Fırsatlar’ (Turkish-Russian Relations: Challenges and Opportunities). http://www.bilgesam.org/Images/Dokumanlar/0-10-2014040950rapor5.pdf.

    • Search Google Scholar
    • Export Citation
  • Weitz, R. (2010): Russian-Turkish Relations: Steadfast and Changing. Mediterranean Quarterly, 21(3): 6185.

  • Zengin, E. (2015): Türkiye ve Rusya Federasyonu Ticari İlişkileri (Trade Relations of Turkey and Russian Federation). Avrasya İncelemeleri Dergisi, 4(1): 61103.

    • Search Google Scholar
    • Export Citation
  • Collapse
  • Expand

Senior editors

Editors-in-Chief: István P. Székely, Dóra Győrffy

Editor(s): Judit Kálmán

Associate Editors

  • Péter Benczúr, Joint Joint Research Center, European Commission
  • Dóra Benedek, International Monetary Fund
  • Balázs Égert, OECD
  • Dániel Prinz, World Bank
  • Rok Spruk, University of Ljubljana, School of Economics and Business, Slovenia

Editorial Board

  • Anders Åslund, Georgetown University and Advisory Council of CASE, USA
  • István Benczes, Corvinus University of Budapest, Hungary 
  • Agnieszka Chłoń-Domińczak, SGH Warsaw School of Economics, Poland
  • Fabrizio Coricelli, University of Siena, Italy
  • László Csaba, Corvinus University of Budapest, Hungary and Central European University, Austria
  • Beáta Farkas, Faculty of Economics and Business Administration, University of Szeged, Hungary
  • Péter Halmai, Budapest University of Technology and Economics, and National University of Public Service, Hungary
  • Martin Kahanec, Central European University, Austria
  • Michael Landesmann, The Vienna Institute for International Economic Studies (WIIW), Austria
  • Péter Mihályi, Corvinus University of Budapest, Hungary
  • Debora Revoltella, European Investment Bank

Corvinus University of Budapest
Department of Economics
Fővám tér 8 Budapest, H-1093, Hungary
E-mail: judit.kalman@uni-corvinus.hu

Indexing and Abstracting Services:

  • CABELLS Journalytics
  • EconLit
  • Elsevier GEO Abstracts
  • GEOBASE
  • Index Copernicus
  • International Bibliographies IBZ and IBR
  • JEL
  • Referativnyi Zhurnal
  • RePEc
  • SCOPUS
  • Social Science Citation Index

 

2023  
Web of Science  
Journal Impact Factor 0.7
Rank by Impact Factor Q3 (Economics)
Journal Citation Indicator 0.23
Scopus  
CiteScore 1.4
CiteScore rank Q3 (Economics and Econometrics)
SNIP 0.385
Scimago  
SJR index 0.218
SJR Q rank Q4

Acta Oeconomica
Publication Model Hybrid
Submission Fee none
Article Processing Charge 900 EUR/article
Printed Color Illustrations 40 EUR (or 10 000 HUF) + VAT / piece
Regional discounts on country of the funding agency World Bank Lower-middle-income economies: 50%
World Bank Low-income economies: 100%
Further Discounts Editorial Board / Advisory Board members: 50%
Corresponding authors, affiliated to an EISZ member institution subscribing to the journal package of Akadémiai Kiadó: 100%
Subscription fee 2025 Online subsscription: 700 EUR / 768 USD
Print + online subscription: 820 EUR / 900 USD
Subscription Information Online subscribers are entitled access to all back issues published by Akadémiai Kiadó for each title for the duration of the subscription, as well as Online First content for the subscribed content.
Purchase per Title Individual articles are sold on the displayed price.

Acta Oeconomica
Language English
Size B5
Year of
Foundation
1966
Volumes
per Year
1
Issues
per Year
4
Founder Magyar Tudományos Akadémia
Founder's
Address
H-1051 Budapest, Hungary, Széchenyi István tér 9.
Publisher Akadémiai Kiadó
Publisher's
Address
H-1117 Budapest, Hungary 1516 Budapest, PO Box 245.
Responsible
Publisher
Chief Executive Officer, Akadémiai Kiadó
ISSN 0001-6373 (Print)
ISSN 1588-2659 (Online)

Monthly Content Usage

Abstract Views Full Text Views PDF Downloads
Aug 2024 53 0 0
Sep 2024 54 0 0
Oct 2024 153 1 1
Nov 2024 66 0 0
Dec 2024 26 0 0
Jan 2025 65 0 0
Feb 2025 18 0 0