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Latin America and EU widening to the East : possible effects on trade and investments

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dc.creator Nunnenkamp, Peter
dc.date 1997
dc.date.accessioned 2013-10-16T06:19:55Z
dc.date.available 2013-10-16T06:19:55Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/971
dc.identifier ppn:234216948
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/971
dc.description Pending EU widening to the East has revived concerns in Lalin America that Europe may become more inward-looking. However, booming trade and foreign direct investment (FDI) relations between current EU members and Central and Eastern European countries (CEECs) are unlikely to harm I tin America. Trade patterns suggest that Latin America's exports to the EU are complementary to the exports of CEECs. Moreover, the recent surge of FDI flows to various host countries, including several Latin American economies, indicates that new investment opportunities in CEECs induce additional FDI, rather than causing diversion of FDI. This picture is unlikely to change significantly once some CEECs become members of the EU. The paper concludes that future economic relations between Latin America and the EU depend primarily on sustained economic policy reforms in Latin America and the EU's role in multilateral trade negotiations, rather than on EU widening per se.
dc.language eng
dc.publisher Kiel Institute for the World Economy (IfW) Kiel
dc.relation Kiel Working Papers 828
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject F15
dc.subject ddc:330
dc.subject Internationale Wirtschaftsbeziehungen
dc.subject Außenhandelsstruktur
dc.subject Direktinvestition
dc.subject EU-Erweiterung
dc.subject Lateinamerika
dc.subject EU-Staaten
dc.title Latin America and EU widening to the East : possible effects on trade and investments
dc.type doc-type:workingPaper


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