Historically Turkey hasn't had much success in attracting foreign investment. Slowly that is changing. There's a tradition of arbitrary decisions by government ministers and senior civil servants, which would ruin businesses from one day to the next, and which has tended to deter foreign investment. That's changing, and convergence with E.U. practices is a good thing in that it improves governance.

Most Turkish Kurds want a quiet life and improved economic conditions. But the Kurdish regions of Turkey are mountainous; they're ill-favored climatically; they're poor; and there's a limit to what the government can do there without wasting a lot of resources. Developing the south east may mean decamping a large part of its population. But the thing that will improve the lot of the Kurds more than anything else will be the stabilization of Iraq in the first place, because then the Turkish southeast stops being a dead end. It can become a bridge, with trade flowing in both directions.

There are of course economic advantages to having Turkey as a member of the European club. It's a developing country with a large, reasonably well-trained labor force at a time when the European birth rate is dropping at a catastrophic rate and Europe is graying. It offers opportunities for greater trade and investment to the benefit of both Turkey and Europe.

Turkey, as an ex-imperial power, is all in favor of empires guaranteeing law and order on its borders. Turkey's and America's basic interests with regard to Iraq are identical. They both want a stable and rational Iraq that would use its considerable oil wealth in order to improve its own lot. But there doesn't seem to be very much prospect of that at the moment.

I'm optimistic about Turkey's prospects for reaching the E.U.'s standards of development, governance, and democracy, whether inside or outside the E.U. Provided you have a prosperous, rational society in Turkey that can interact with Europe and the West, I don't really care what kind of institutional arrangement you have. The point to make about Turkey and Europe is that it's a very long, drawn-out process. What's important is that the process not be stopped, that Turkey and Europe evolve in the right direction, on a path of convergence. Convergence is the name of the game.

Historically Turkey hasn't had much success in attracting foreign investment. Slowly that is changing. There's a tradition of arbitrary decisions by government ministers and senior civil servants, which would ruin businesses from one day to the next, and which has tended to deter foreign investment. That's changing, and convergence with E.U. practices is a good thing in that it improves governance.

We've seen in Europe after the recent terrorist attacks a certain retrogression in human rights. It depends on how threatened the Turks feel. For example, Turkey became much more tolerant towards Kurdish nationalists when the killing of Turkish soldiers stopped in southeastern Turkey and body bags stopped arriving. Now, since June there's been a revival of Kurdish attacks on Turkish troops - something like 150 people have been killed by terrorists supplied from and operating out of bases in northern Iraq. So Turks are feeling much less tolerant of Kurdish nationalism.