Economic Aspects of Turkey's Quest for EU Membership

The EU has now decided to open membership negotiations with Turkey in late 2005. Given the determination with which Turkey has pursued the goal of EU membership, it is likely that these negotiations will in the end lead to accession. But this will not happen quickly; 2015 is the most likely date of membership often mentioned on both sides. Nevertheless, even if one accepts this time frame, it is worthwhile exploring the economic dimension of Turkey's accession.