Analyzing Pakistan’s Trade Opportunity with Turkey

Gul, Asha

doi:10.35536/lje.2014.v19.isp.a15

Cited by 3 publications

(3 citation statements)

References 2 publications

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“…Therefore, values which are closer to 100 indicate that the commodity export structures between the two countries are similar and the competition in the global market will be more intensive (Fundira, 2013).ESI is subject to aggregation bias implying the more disaggregated the data considered, the lower is likely to be the value of the index. Thus,there is a certain degree of arbitrariness due to product/ industry choice (Gul, 2014).…”

Section: Methodsmentioning

confidence: 99%

Competitiveness and Export Similarity of Indonesian Horticulture in The Asean-Asean+3

Chasanah¹,

Mulyo

Darwanto

2017

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In the framework of ASEAN+3 integration, Indonesian horticultural trade is facing a dilemmatic position. Being in the middle of a fi erce competition with benchmark countries, it is important that Indonesia gain the highest profi t from its integration strategy. Evaluation is n of needed to investigate Indonesian's position in ASEAN +3 horticultural markets and the sustainability of specifi c trading prospect on each member country. Therefore, this study aims to investigate competitiveness and similarity of Indonesian horticultural export structure in intra-ASEAN+3. Revealed Comparative Advantage (RCA) analysis shows that Indonesian horticulture does not have aggregate competitiveness in ASEAN+3 market. The average of Indonesian RCA decreased from 1,64 in ASEAN level during 1999-2014 to 0,45 in ASEAN+3 level. In addition, based on Export Similarity Index (ESI) analysis, Indonesia has the highest and the most consistent similarity of horticultural export structure with Singapore, both in ASEAN and ASEAN+3 level. Meanwhile, Thailand has the highest level of export structure similarity in ASEAN with ESI index of 93,77. Integration of ASEAN+3 has led to an alteration in trading scheme in which ESI with each member country generally decrease. The highest level of export structure similarity occurs with Singapore with ESI index of 85,95. Overall, the trade of horticultural commodity in the framework of ASEAN+3 integration is dominated by export structure similarity which may lead to a competition between the members of ASEAN+3. Keywords

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Section: Methodsmentioning

confidence: 99%

Competitiveness and Export Similarity of Indonesian Horticulture in The Asean-Asean+3

Chasanah¹,

Mulyo

Darwanto

2017

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“…Figure 2 illustrates how Turkey's exports to Pakistan have continued to diversify. In fact, Pakistani businessmen must adopt a new paradigm and progressively shift their focus toward finding more export markets in Turkey by adding value (Gul, 2014). According to estimated figures for the years 2009 to 2016, socioeconomic indicators fluctuated between 71.3 and 79.5 in Turkey and 167.1 and 193.2 million people in Pakistan, respectively.…”

Section: Economic Tiesmentioning

confidence: 99%

Pakistan Turkey Economic and Strategic Relations under Erdogan’s Administration

Ahmad

2023

JDSS

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Turkey is among the strong allies of Pakistan, which has supported Pakistan on international forums and both countries share strong defense, economic and strategic ties. These strong relations have gained new momentum under President Erdogan. With the changing world order and regional geopolitics, both States have realigned their foreign policies. The objective of this paper is to explore the strategic areas of cooperation between Turkey and Pakistan and assess that how Economic ties between Turkey and Pakistan grew under Erdogan. For this purpose, the study has adopted a qualitative methodology to comprehend the in-depth analysis. The past years have been embarked the increasing cooperation in all fields. Moreover, President Erdogan has been vocally supporting Pakistan's Kashmir stance. Both countries have similar stances on the Kashmir and Cyprus conflicts. This implies that the stronger collaboration and close ties can not only bring about tremendous benefits for both, but act as a strong voice for the Muslim World.

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“…While Turkey's export to Pakistan kept on getting more diversified as showed in Figure 2. In fact, Pakistani traders required to follow paradigm shift and gradually lean towards exploring more export market in Turkey through value addition (Gul, 2014). The estimate statistics during 2009-2016 regarding socio-economic indicators show volatility in Pakistan as population increased from 167.1 million to 193.2 million while in Turkey it was 71.3 -79.5 during the said time period.…”

Section: Economic Relations Between Pakistan and Turkeymentioning

confidence: 99%

Economic Relations Between Pakistan and Turkey in a Globalized World

Shahzad¹

2019

EJSS

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The phenomenon of globalized world deals with the intensification of integration among states due to interdependence. It requires non-discriminatory trade relations through liberalization and democratization to strengthen global village. Furthermore, the market forces demand the state actors to extend cooperation for fostering economic ties while creating regional harmony. Mutual trade among states bolsters multilateralism and trans-nationalization. These economic patterns reinvigorate globalization. This article illustrates the fundamental pillars of economic globalization based on comparative advantage and relative gains. Multilateral trade under institutional and Gramscian paradigms acknowledges smooth diplomatic ties among state entities. This research provides theoretical parameters regarding the transformation of old trade patterns into new ones. It is perceived that global trade is reinvigorated by shared values of collectivism and universalism. Along with the conceptual framework of globalization, this article explicates the operational dynamics of new spirit of trade relations between Pakistan and Turkey. It contains quantitative methods of descriptive and historical analysis, expert interviews and secondary sources. This research envisions the possible outcomes of regional economic hubs procuring conducive environment for earnest economic integration.

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Analyzing Pakistan’s Trade Opportunity with Turkey

Cited by 3 publications

References 2 publications

Competitiveness and Export Similarity of Indonesian Horticulture in The Asean-Asean+3

Competitiveness and Export Similarity of Indonesian Horticulture in The Asean-Asean+3

Pakistan Turkey Economic and Strategic Relations under Erdogan’s Administration

Economic Relations Between Pakistan and Turkey in a Globalized World

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