Επιτυγχάνοντας το Μέρισμα της Ειρήνης στην Κύπρο

Report an error

Summary

AI-generated

This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.

Learn more about AI enrichment

The report argues that a solution to the Cyprus problem would significantly boost the island's economy by expanding market access, increasing productivity, and attracting investment. Using sectoral and total factor productivity (TFP) methodologies, the authors project that a settlement could increase the total GDP by between €11 billion and €17.4 billion over 20 years compared to the status quo. Key growth drivers include tourism, construction, shipping, and professional services. The report also emphasizes that maximizing this dividend requires strong inclusive institutions, technical transition periods, and a concerted effort to close the gender gap in the workforce, particularly in the Turkish Cypriot community. Additionally, it assesses the financial viability of property restitution, suggesting that a significant portion of compensation costs could be covered by the increased state revenues generated by the peace dividend.

Key insights

AI-generated

These insights are written by a language model reading the source document. They are not the publisher's words and are not a substitute for the original.

Learn more about AI enrichment
  • A political solution is projected to increase the total GDP of Cyprus by an average of €11 billion to €17.4 billion after 20 years compared to a non-solution scenario.
  • The 'peace dividend' is estimated to increase average per capita GDP by between €6,800 and €11,000 compared to the status quo.
  • A settlement is expected to create approximately 100,000 additional jobs within the first 10 years, with the highest gains in tourism (30,000), wholesale and retail trade (18,000), and construction (10,000).
  • The Turkish Cypriot community (TCC) would see a more significant relative increase in income, with per capita GDP reaching 80-90% of the Greek Cypriot community (GCC) level by 2040 under a solution, compared to 63.4% without one.
  • The report identifies five primary drivers for market expansion: access to the Turkish market (€650 billion) for Greek Cypriots, access to the EU market (€16 trillion) for Turkish Cypriots, higher real estate prices due to reduced legal uncertainty, faster natural gas revenues, and increased EU and private foreign investment.
  • The cost of property compensation is estimated to range from €4.6 billion to €13.1 billion depending on the valuation methodology and the amount of land requiring compensation.
  • Under the base scenario, approximately 61% of property compensation costs could be funded through the additional tax and state revenues generated by the peace dividend.

Cite the original document

APA
Mullen, F., Besim, M., & Φλωρεντιάδης, Μ. (2020). Επιτυγχάνοντας το Μέρισμα της Ειρήνης στην Κύπρο. Peace Research Institute Oslo. https://cdn.cloud.prio.org/files/80586cc2-cc5d-4002-ae7d-6ee0c7f902f1/Report G .pdf?inline=true
Chicago
Mullen, Fiona, Mustafa Besim, and Μιχάλης Φλωρεντιάδης. Επιτυγχάνοντας το Μέρισμα της Ειρήνης στην Κύπρο. Peace Research Institute Oslo, 2020. https://cdn.cloud.prio.org/files/80586cc2-cc5d-4002-ae7d-6ee0c7f902f1/Report G .pdf?inline=true.
Wikipedia
{{cite report |last1=Mullen |first1=Fiona |last2=Besim |first2=Mustafa |last3=Φλωρεντιάδης |first3=Μιχάλης |title=Επιτυγχάνοντας το Μέρισμα της Ειρήνης στην Κύπρο |publisher=Peace Research Institute Oslo |date=2020 |url=https://cdn.cloud.prio.org/files/80586cc2-cc5d-4002-ae7d-6ee0c7f902f1/Report G .pdf?inline=true |access-date=23 October 2026 |via=Climate Insights Directory}}
BibTeX
@techreport{mullen2020, author = {Mullen, Fiona and Besim, Mustafa and Φλωρεντιάδης, Μιχάλης}, title = {{Επιτυγχάνοντας το Μέρισμα της Ειρήνης στην Κύπρο}}, institution = {Peace Research Institute Oslo}, year = {2020}, url = {https://cdn.cloud.prio.org/files/80586cc2-cc5d-4002-ae7d-6ee0c7f902f1/Report G .pdf?inline=true}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }

Full text

Collected · Record updated