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Book Cover
Author Mehmet, Ozay

Title Sustainability of microstates : the case of North Cyprus / Ozay Mehmet
Published Salt Lake City : University of Utah Press, ©2010


Description 1 online resource (xii, 160 pages) : illustrations
Series Utah Series in Turkish and Islamic Studies
Utah series in Turkish and Islamic studies.
Contents Tables and Figures; Acknowledgments; Introduction; 1. Economic Development in North Cyprus since 1974; 2. Economic Rationalism and Institution Building; 3. A Development Strategy for North Cyprus; 4. Can North Cyprus Survive as a Microstate?; 5. Modeling Required Investment in North Cyprus; 6. The Labor Market: Developing Skills for a Service Economy; 7. The Construction Sector in the Post-Referendum Period; 8. The Turkish Energy Corridor; 9. Divergence or Convergence? Toward a Two-State Outcome; Postscript; Notes; References; Index
Summary "This interdisciplinary study discusses the development, economics, and politics of North Cyprus, a divided state since 1960 when sovereignty was surrendered by the British to both Greek and Turkish Cypriots. Author Ozay Mehmet demonstrates that, as a microstate with an area of just 3,442 square kilometers, North Cyprus possesses certain inherent comparative economic advantages in the service sectors that enable it to be sustainable in today's rapidly globalizing and competitive economic world." "Mehmet bases his arguments for the potential sustainability of North Cyprus on the concept of economic rationalism, in which participating parties work to optimize their own self-interest. In an ethnic conflict like that of North Cyprus, the logic of optimization demands a rational, free, and objective balancing of competing interests to reach an agreed solution. The economic rationalist approach sharply contrasts with the highly emotional political, historical, cultural, and legal approaches that have thus far dominated the study and discussion of the Cyprus problem, approaches that have largely resulted in a protracted conflict. While recognizing the negative forces of ethnic tension and the very real possibility of a continued divided Cyprus state, Sustainability of Microstates presents a largely optimistic view. Mehmet seeks to unleash the forces of convergence that may be deduced from economic rationalism, and is unwavering in his conviction of the ultimate sustainability of North Cyprus."--Jacket
Bibliography Includes bibliographical references and index
Notes Print version record
Subject States, Small -- Economic conditions.
POLITICAL SCIENCE -- Public Policy -- Economic Policy.
BUSINESS & ECONOMICS -- Government & Business.
BUSINESS & ECONOMICS -- Development -- Economic Development.
BUSINESS & ECONOMICS -- Development -- Business Development.
BUSINESS & ECONOMICS -- Structural Adjustment.
BUSINESS & ECONOMICS -- Development -- General.
Economic policy
Politics and government
Social policy
States, Small -- Economic conditions
Cyprus, Northern -- Economic policy
Cyprus, Northern -- Social policy
Cyprus, Northern -- Politics and government -- 21st century
Northern Cyprus
Form Electronic book
ISBN 9781607819561