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The European single market: bad news for developing countries?

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  • Gundlach, Erich

Abstract

Developing Countries have been particularly worried by the single-market-program since the EC absorbs more than a third of their total exports. At present, fears of a Fortress Europe and negative net trade effects for DCs appear to be unfounded, however. DCs have proven to be competitive in a number of labour and capital intensive industries in the past; and it is rather unplausible that European suppliers will gain a competitive edge in these industries as a result of the single market. With the exception of agricultural economies specialized on specific products, the net welfare effect of EC-1992 will, therefore, be either positive or at worst zero for most DCs.

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Bibliographic Info

Paper provided by Kiel Institute for the World Economy in its series Kiel Working Papers with number 586.

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Date of creation: 1993
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Handle: RePEc:kie:kieliw:586

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  1. Gasiorek, Michael & Smith, Alasdair & Venables, Anthony J., 1992. "`1992': Trade and Welfare; A General Equilibrium Model," CEPR Discussion Papers 672, C.E.P.R. Discussion Papers.
  2. ALAN MATTHEWS & DERMOT McALEESE, 1990. "LDC Primary Exports to the EC: Prospects Post-1992," Journal of Common Market Studies, Wiley Blackwell, vol. 29(2), pages 157-180, December.
  3. Richard Baldwin, 1989. "The Growth Effects of 1992," NBER Working Papers 3119, National Bureau of Economic Research, Inc.
  4. Weiss, Frank Dietmar & Heitger, Bernhard & J├╝ttemeier, Karl-Heinz & Kirkpatrick, Grant & Klepper, Gernot, 1988. "Trade policy in West Germany," Open Access Publications from Kiel Institute for the World Economy 374, Kiel Institute for the World Economy (IfW).
  5. Michael W. S. Davenport, 1990. "The External Policy of the Community and its Effects upon the Manufactured Exports of the Developing Countries," Journal of Common Market Studies, Wiley Blackwell, vol. 29(2), pages 181-200, December.
  6. Emerson, Michael & Gros, Daniel & Italianer, Alexander & ,, 1992. "One Market, One Money: An Evaluation of the Potential Benefits and Costs of Forming an Economic and Monetary Union," OUP Catalogue, Oxford University Press, Oxford University Press, number 9780198773245, October.
  7. Dicke, Hugo & Langhammer, Rolf Johannes, 1991. "The institutional framework and external dimension of the EC internal market," Open Access Publications from Kiel Institute for the World Economy 1869, Kiel Institute for the World Economy (IfW).
  8. Langhammer, Rolf J., 1992. "Die Assoziierungsabkommen mit der CSFR, Polen und Ungarn: wegweisend oder abweisend?," Kiel Discussion Papers 182, Kiel Institute for the World Economy (IfW).
  9. Amelung, Torsten & Langhammer, Rolf J., 1989. "ACP exports and EC trade preferences revisited," Kiel Working Papers 373, Kiel Institute for the World Economy.
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