Showing 1 - 10 of 108
This paper examines the FDI flows towards two regions in the periphery of Europe: the Central and Eastern European countries (CEECs) and the countries of Southern Europe. We investigate whether evidence exists for FDI diversion from Southern Europe to the CEECs. A cursory observation of recent...
Persistent link: https://www.econbiz.de/10005818889
The integration of the central and eastern European countries into the international capital markets has been and will be determined by the process of European Union (EU) integration. Our analysis shows that southern and eastern European countries already appear to be surprisingly similar...
Persistent link: https://www.econbiz.de/10009276349
The Eastern enlargement of the European Union (EU) is likely to give a further boost to trade and capital flows, yet empirical evidence on the possible magnitudes is still scarce. This paper uses four different datasets to estimate the determinants of international asset holdings and trade...
Persistent link: https://www.econbiz.de/10005755226
Initiatives to reduce transatlantic trade barriers or to harmonize trade-related domestic policies in the EU and the US appear regularly on the agenda of policy makers. The last decade saw also considerable steps in transatlantic economic cooperation focusing on special aspects. In February...
Persistent link: https://www.econbiz.de/10010955611
Auf der Tagung des Europäischen Rates in Kopenhagen wurde der Beschluss gefasst, die EU nach Osten hin zu öffnen und assoziierte Länder Mittel- und Osteuropas sowie Malta und Zypern in eine erweiterte Gemeinschaft aufzunehmen. Der Beitritt zur EU wurde dabei von der Erfüllung politischer,...
Persistent link: https://www.econbiz.de/10009647056
This paper analyses the prospects and problems of a Transatlantic Free Trade Area (TAFTA) between the European Union and the United States. Possible economic reasons for the proposal of TAFFA such as the intensity of bilateral trade and a strong interdependence in investment flows and the...
Persistent link: https://www.econbiz.de/10009276174
This paper suggests a method of approximating the development of investment in transition economies through an amendment of the standard adjustment cost formulation for investment within dynamic Computable General Equilibrium (CGE) models. Letting adjustment cost depend on the difference between...
Persistent link: https://www.econbiz.de/10009276188
Many WTO countries continue to deepen and widen regional economic Integration - despite already low rates of most-favored-nation tariffs in most cases. This paper discusses the possible welfare-increasing effects of trade liberalization between the European Union (EU) and the North American Free...
Persistent link: https://www.econbiz.de/10009276470
Trade between Eastern and Western Europe has increased considerably in the last years. Given this market-induced development, why should it be necessary to advance institutional integration? This paper argues that Central and Eastern European countries (CEECs) can potentially enhance the...
Persistent link: https://www.econbiz.de/10009276477
This paper analyzes the GATT negotiations during the Uruguay Round and shows that France was induced to accept a more free trade oriented package due to her integration into the European community. The importance of the European economic and diplomatic relationships led France to accept a GATT...
Persistent link: https://www.econbiz.de/10009277747