Economic Advantages and Disadvantages of Turkish EU Accession

The subject of our paper is the hypothetic advantages and disadvantages of Turkey's accession to the EU and, therefore, the level of development of the Turkish economy, especially those macroeconomic and microeconomic criteria which are considered as the EU membership criteria for candidate countries. The main goal is to determine the extent to which Turkey reached the level of economic development of the EU requirements, determine the characteristics and patterns of economic integration processes related to this state's accession to the existing union of countries whose level of development is higher than its own one, as well as to evaluate the prospective opportunities of Turkey's full-scale economic integration with the EU. The methodological basis of the research conducted within the thesis is linked with a systematic approach using the historical method, the method of comparative analysis, as well as methods of analysis of economic statistics.