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Economic Integration between the EU and the CEECs: A Sectoral Study. CEPS Working Document No. 165, April 2001

Di Mauro, Francesca. (2001) Economic Integration between the EU and the CEECs: A Sectoral Study. CEPS Working Document No. 165, April 2001. [Working Paper]

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    Abstract

    Economic integration between the EU and the CEECs has proceeded at high speed over the 90’s, with the main channels of such integration being trade and FDI. Some authors believe that the ‘commercial transition’ is now complete and that a new, deeper phase of integration has started, with growing flows of FDI in the region. Following a gravity-type approach, in this paper I tackle two difficult issues surrounding the EU-CEECs integration: has FDI in the CEECs region substituted EU exports, therefore harming employment at home? Has FDI in the CEECs region been redirected away from similarly attractive countries, such as Spain and Portugal? By using a unique database on FDI broken down by country and by sector, which allows more detailed qualifications than possible in previous work, the answers to these two questions appear to be negative.

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    Item Type: Working Paper
    Subjects for non-EU documents: EU policies and themes > External relations > EU-Central and Eastern Europe
    Countries > Spain
    Countries > Portugal
    EU policies and themes > Policies & related activities > economic and financial affairs > Single Market > capital, goods, services, workers
    EU policies and themes > Policies & related activities > economic and financial affairs > trade policy
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Centre for European Policy Studies (Brussels) > CEPS Working Documents
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 04 Oct 2009
    Page Range: p. 24
    Last Modified: 15 Feb 2011 18:16
    URI: http://aei.pitt.edu/id/eprint/11677

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