Secondly, Turkey’s FDI performance compared with other countries is going to be explained and finally major differences between FDI law no: 4875 and former law no:6224 will be analyzed. Turkey Liberalization: Although FDI Law was introduced in 2003 there had be... ... middle of paper ... ...ct more FDI in the future , Turkey should make reforms for European Union and should continue to challenge for being a European Union country. Turkey should make reforms in the justice system in order to attract more FDI. Turkey has a potential for increasing its per capital income in the coming years and has a chance of being one of the powerful countries in the future. The growth of Turkish economy should depend on production rather than consumption.
The current Euro crisis signals the importance of transparent government transactions, and the need to have economic guidelines tailor-made for different countries with stark contrast in their economic foundations. As for the future of the Euro, its future may appear bleak but with major economic reforms, the Euro could make a recovery. As mentioned before, European countries understood the daunting task of becoming global political powers following World War II, especially with such fragile economies. The creation of the European Coal and Steel Community (ECSC) in 1951 stood as “the most significant step ever taken toward European integration” and undoubtedly laid the foundation for what is today the European Union (Alessi, 2011, p. 1). The ECSC revealed the urgency Europe possessed when it came to creating an economically unified entity, and with successfully ensured that major economic centers did not fall under the control of France and Germany.
A major change would be seen very soon if President Clinton’s plan were to continue being funded. His idea was not to totally stop cars form using oil, but to lessen the amount of ... ... middle of paper ... ...is is the answer to our short term oil problems, but it is not a long-term solution. That is why I feel that we do need to spend some money on hydrogen fuel cells. If we split the money between the two forms of research, it would help the US now and in the future. We must also fund the correct areas of hydrogen fuel cell research.
In Security Studies: An Introduction, the author argues that research done in the 1990s determined that depleting natural resources did not lead to armed conflict. However, the author goes on to state that “if modern societies don’t prepare for what we know is coming then we might indeed get conflict and insecurity if political elites try to violently re-impose control on a rapidly changing world.” Combating climate change is not something that can be tackled unilaterally. Instead, preparing for climate change requires long term and sustainable international cooperation. The need for a united global front to confront climate change is particularly important in countries like Turkey where the US is a key ally. Given that Turkey is one of the few stable countries in the Middle East, the US has a mutual interest in ensuring that climate change does not have a negative impact on Turkey.
Since the start of Turkey’s EU accession negotiations at the beginning of October 2005, relations have gained a new momentum and ambiguity has begun to disappear. Turkey & EU History The founder of the Republic of Turkey, Mustafa Kemal Atatürk, “pointed to achieving and even going beyond the level of contemporary civilization as the goal of the Turkish nation. In the framework of this ... ... middle of paper ... ...g-standing foreign policy projects. The ambiguities regarding the future ofthe accession process would be resolved. Turkey would take part in the European Union’s policies as a global actor, and that would strengthen the EU’s position over time.EU membership would provide a number of opportunities to Turkey to play a more active role in the international arena.
The European Union occurred post WWII and is collaboration between 27 states/countries which strive to provide “a source of economic progress and political optimism” along with “reshaping European economies, involving the standardizing of production norms, ending state subsidies for domestic producers, and promoting austerity policies” (Allen et al. 31). This includes ensuring that all states follow a strict set of guidelines and policies to ensure that all members of the Union benefit when they need help the most due to unforeseen incidents or natural disasters leaving the country financially or politically crippled (Ec... ... middle of paper ... ...lly advance the country enough to get it out of the economic crisis its currently in. Works Cited Allen, Christopher S. et al. European Politics in Transition.
The European Union is a supranational government body that is, by definition, changing the traditional role of the nation state and sovereignty in Europe. This Union was formed voluntarily by states with similar goals and is unique in its conception and design to the European continent. Although The EU (European Union) is strengthening Europe economically and politically the states that form it have surrendered considerable amounts of their national sovereignty. The meaning of sovereignty has evolved over time; however, today there are several clear characteristics that define the concept of sovereignty in relation to the nation state. A sovereign state is defined by its autonomy and independence from foreign powers.
In the end, Friedman believes that for the next decade America will remain the world leader. Friedman argues that since America is an empire it must continually shift its strategies to remain the most powerful and influential country. America’s power comes from its military and economic influence, which Friedman points out, was evident when the 2008 economic crisis occurred. One of the keys to retaining America’s power around the world is to keep other countries off balance and
This drive toward a unified European currency has long been on the minds of Europeans, ever since a European commission conceived it in 1957. Economic strength, stability, and vitality in Europe is in the United States national interests. A strong European economy will benefit U.S. exports and American economic interests in general. Though business will have to deal with certain transitions and changes attendant to the adoption of a single currency. The U.S. has a strong interest in Europe’s futur... ... middle of paper ... ...html (February 22, 2001) Barber, Lionel.
After the unpleasant experiences of the war of the Kosovo, the Cold War and the Iraq invasion, it became prominent that European Union is in a dire need of a common army to implement the decisions made by its common voice. If it is ensured that the concept of European identity is understood by all people and the military training is standardized, than there won’t be any obstacles in front of the creation of the European common army. The dream of a unified Europe came true in fifty years and European Union now stands as an effective economic power. To carry its power into the political platform, the union must have a common foreign and security policy and a common army to enforce its decisions.