Free Movement of Goods Under the Europe Agreements

Koutrakos, Panos

doi:10.1007/978-90-6704-401-1_8

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Eu Accession Talks As a Factor Promoting Fdi1

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2009

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“…In fact, those countries that had signed the agreement gradually reduced their tariffs on almost all industrial goods manufactured in the regional market down to 0 per cent by 1997. In addition, virtually all import taxes on sensitive products were abolished by 2002 (Koutrakos, 2002).…”

Section: Eu Accession Talks As a Factor Promoting Fdimentioning

confidence: 99%

EU enlargement and foreign direct investment into transition economies revisited

Iwasaki¹,

Suganuma²

2009

Transnational Corporations

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It is highly likely that EU accession negotiation had a large influence on foreign direct investment (FDI) into the Central and Eastern European countries involved therein. We found that as the membership talks progressed, the effect of attracting FDI to candidate states tended to increase gradually. It also became clear that EU member candidate countries experienced an adverse impact on FDI at the very final phase of the negotiation. This might have been due to the substantial revision of conventional FDI incentives, which most likely was the price paid for becoming new EU members. The relationship between the progress in the EU enlargement process and FDI received by the candidate countries was not a simple positive relationship, but followed a reverse J-shaped curve.JEL classification numbers: F21, F23, F59, O52, P33.

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Section: Eu Accession Talks As a Factor Promoting Fdimentioning

confidence: 99%