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The paper discusses the relevance of past concerns about trade and foreign direct investment diversion to the detriment of Asian suppliers and hosts as a result of EU integration deepening and widening in the nineties. Based on recent empirical evidence, these concerns are rejected. As concerns...
Persistent link: https://www.econbiz.de/10011472114
Persistent link: https://www.econbiz.de/10000680237
In this paper I examine the evolution of intra-industry trade (IIT) in intra-European trade in the period of accession of the Central and Eastern European countries (CEEC). In order to identify changes in IIT in intra-European trade, I calculate the Grubel and Lloyd index for the static...
Persistent link: https://www.econbiz.de/10013048241
The aim of the paper is to analyse the process of liberalisation of trade in services in the European Union. Even though the history of this process is quite long, the effects are less than moderate. Intra-EU trade in services accounts for 20% of its total trade, which is also the world average,...
Persistent link: https://www.econbiz.de/10012958622
The decision of the United Kingdom (UK) to leave the European Union (EU) is unprecedented, especially considering the recent trend in the global economy toward economic integration. There is a multitude of research concerning the implications of economic integration; however, research in the...
Persistent link: https://www.econbiz.de/10012027107
Based on the gravity model by Baier and Bergstrand (2001), we use a static and dynamic panel approach to estimate the determinants of the growth of intra-EU trade from 1960 to 2000. The results suggest that income growth was the major force, accounting for approximately two-thirds of total...
Persistent link: https://www.econbiz.de/10014070248
In the context of globalisation, the issue of corruption acquires specificity, deriving, on one hand from the diversification of the modalities to corrupt or to be corrupted and on the other hand, from multiplication of the means to fight against this phenomenon.The binom corruption-public...
Persistent link: https://www.econbiz.de/10012753308
The choice is between single market and political union over-simplified. Even an effective single market requires some political integration. So too does the management of a single currency, advantageous in itself. Neither requires a "European economic government". Beyond this, the peoples of...
Persistent link: https://www.econbiz.de/10014153111
This paper analyzes the effects of EU integration on intra-EU trade volumes with a special focus on trade within and between the core and the periphery countries. We find that in all phases of integration core-periphery and intra-periphery growth of trade has experienced stronger positive...
Persistent link: https://www.econbiz.de/10014119232
This paper reviews the creation and evolution of the European Economic Monetary Union (EEMU) and discusses the insights and perspectives of the key lessons for Asian economic integration utilizing an extensive review of the literature method. In order to implement a common monetary and economic...
Persistent link: https://www.econbiz.de/10012212663