TURKEY’S OBJECTIVE OF FULL MEMBERSHIP IN THE EU WITH REFERENCE TO MAASTRICHT CRITERIA

The study aims to analyze whether turkey has internalized its goal of full membership in the european union by taking into account turkey’s compliance with the maastricht criteria. the study uses a cointegration approach and finds that a long-term relationship exists between the ratios of inflation rates, interest rates and budget deficit ratios with gross domestic product. however, no long-term relationship was found regarding the ratio of public debt to gross domestic product. the study suggests that turkey has internalized its objective of full european union membership from an economic perspective and that it has not deviated from this objective.