IDEAS home Printed from https://ideas.repec.org/p/zbw/ifwkwp/1026.html
   My bibliography  Save this paper

Ist diesmal alles anders? Die neue Welle regionaler Integration in Lateinamerika aus europäischer Perspektive

Author

Listed:
  • Nunnenkamp, Peter

Abstract

The new wave of regionalism in Latin America amounts to more than just old wine in new bottles. Yet the economic effects of regional integration are likely to fall short of Latin American expectations. The development of foreign direct investment in Latin America in the 1990s reveals that regional integration is neither necessary nor sufficient for improving locational attractiveness. Exports of Latin American integration schemes frequently continue to lack international competitiveness. Furthermore, it is uncertain whether Latin America's trade relations with Europe can be strengthened significantly by concluding interregional agreements on trade preferences.

Suggested Citation

  • Nunnenkamp, Peter, 2001. "Ist diesmal alles anders? Die neue Welle regionaler Integration in Lateinamerika aus europäischer Perspektive," Kiel Working Papers 1026, Kiel Institute for the World Economy (IfW Kiel).
    • Handle: RePEc:zbw:ifwkwp:1026
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/2549/1/kap1026.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Magnus Blomstrom & Ari Kokko, 1997. "Regional Integration and Foreign Direct Investment," NBER Working Papers 6019, National Bureau of Economic Research, Inc.
    2. Hiemenz, Ulrich (Ed.) & Gundlach, Erich (Ed.), 1994. "Regional integration in Europe and its effects on developing countries," Open Access Publications from Kiel Institute for the World Economy 794, Kiel Institute for the World Economy (IfW Kiel).
    3. Nunnenkamp, Peter, 1996. "Winners and losers in the global economy: Recent trends in the international division of labour and policy challenges," Kiel Discussion Papers 281, Kiel Institute for the World Economy (IfW Kiel).
    4. Blomstrom, Magnus & Kokko, Ari, 1997. "Regional integration and foreign direct investment : a conceptual framework and three cases," Policy Research Working Paper Series 1750, The World Bank.
    5. Langhammer, Rolf J. & Hiemenz, Ulrich, 1990. "Regional integration among developing countries: opportunities, obstacles and options," Open Access Publications from Kiel Institute for the World Economy 416, Kiel Institute for the World Economy (IfW Kiel).
    6. Diao, Xinshen & Somwaru, Agapi, 2000. "An Inquiry on General Equilibrium Effects of MERCOSUR--An Intertemporal World Model," Journal of Policy Modeling, Elsevier, vol. 22(5), pages 557-588, September.
    7. Yeats, Alexander J, 1998. "Does Mercosur's Trade Performance Raise Concerns about the Effects of Regional Trade Arrangements?," The World Bank Economic Review, World Bank, vol. 12(1), pages 1-28, January.
    8. Shang-Jin Wei & Jeffrey A. Frankel, 1998. "Open Regionalism in a World of Continental Trade Blocs," IMF Staff Papers, Palgrave Macmillan, vol. 45(3), pages 440-453, September.
    9. Busse, Matthias & Huth, Matthias & Koopmann, Georg, 2000. "Preferential trade agreements: The case of EU-Mexico," HWWA Discussion Papers 103, Hamburg Institute of International Economics (HWWA).
    10. Nunnenkamp, Peter, 1997. "Herausforderungen der Globalisierung für Brasilien," Open Access Publications from Kiel Institute for the World Economy 1705, Kiel Institute for the World Economy (IfW Kiel).
    11. Öztopal, Ahmet & Şahin, Ahmet D & Akgün, Nezihe & Şen, Zekai, 2000. "On the regional wind energy potential of Turkey," Energy, Elsevier, vol. 25(2), pages 189-200.
    12. repec:idb:brikps:8685 is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Felicitas Nowak-Lehmann D. & Inmaculada Martínez Zarzoso, 2003. "Would MERCOSUR’s Exports to the EU Profit from Trade Liberalisation? Some General Insights and a Simulation Study for Argentina," Ibero America Institute for Econ. Research (IAI) Discussion Papers 092, Ibero-America Institute for Economic Research.
    2. repec:got:cegedp:30 is not listed on IDEAS
    3. Martínez-Zarzoso, Inmaculada & Nowak-Lehmann D., Felicitas, 2004. "MERCOSUR-European Union Trade: How important is EU Trade Liberalisation for MERCOSUR's Exports?," University of Göttingen Working Papers in Economics 30, University of Goettingen, Department of Economics.
    4. Libman, Alexander, 2006. "Взаимодействие Стран Снг С Азиатскими Интеграционными Группировками [Interaction of the CIS countries with Asian integration projects]," MPRA Paper 16620, University Library of Munich, Germany.
    5. Felicitas Nowak-Lehmann & Inmaculada Martínez-Zarzoso, 2003. "MERCOSUR-EU trade: The impact of adverse macroeconomic developments and trade barriers on MERCOSUR exports," International Trade 0310002, University Library of Munich, Germany.
    6. Schweickert, Rainer & Thiele, Rainer, 2004. "From Washington to post-Washington? Consensus policies and divergent developments in Latin America and Asia," Kiel Discussion Papers 408, Kiel Institute for the World Economy (IfW Kiel).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Nunnenkamp, Peter, 2001. "European FDI strategies in Mercosur countries," Kiel Working Papers 1047, Kiel Institute for the World Economy (IfW Kiel).
    2. Maurice Schiff, 2002. "Chile’s Trade Policy: an Assessment," Working Papers Central Bank of Chile 151, Central Bank of Chile.
    3. Rana, Arslan Tariq & Kebewar, Mazen, 2014. "The Political Economy of FDI flows into Developing Countries: Does the depth of International Trade Agreements Matter?," EconStor Preprints 91501, ZBW - Leibniz Information Centre for Economics.
    4. Khalid Sekkat & Marie‐Ange Veganzones‐Varoudakis, 2007. "Openness, Investment Climate, and FDI in Developing Countries," Review of Development Economics, Wiley Blackwell, vol. 11(4), pages 607-620, November.
    5. Piazolo, Daniel & Kokta, Robert M. & Buch, Claudia M., 2001. "Does the East Get What Would Otherwise Flow to the South? FDI Diversion in Europe," Kiel Working Papers 1061, Kiel Institute for the World Economy (IfW Kiel).
    6. Mariam Camarero & Cecilio Tamarit, 2003. "Estimating exports and imports demand for Manufactured goods: The role of FDI," European Economy Group Working Papers 22, European Economy Group.
    7. Sánchez-Martín, Miguel Eduardo & de Arce, Rafael & Escribano, Gonzalo, 2014. "Do changes in the rules of the game affect FDI flows in Latin America? A look at the macroeconomic, institutional and regional integration determinants of FDI," European Journal of Political Economy, Elsevier, vol. 34(C), pages 279-299.
    8. Slavo Radosevic, 2003. "The emerging industrial architecture of the wider Europe: The co-evolution of industrial and political structures," UCL SSEES Economics and Business working paper series 29, UCL School of Slavonic and East European Studies (SSEES).
    9. Alpay, Savas, 2003. "How Can Trade Liberalization Be Conducive to a Better Environment?," Conference papers 331113, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    10. Schweickert, Rainer & Thiele, Rainer, 2004. "From Washington to post-Washington? Consensus policies and divergent developments in Latin America and Asia," Kiel Discussion Papers 408, Kiel Institute for the World Economy (IfW Kiel).
    11. Lee, Hiro, 2001. "General equilibrium evaluation of Japan-Singapore free trade agreement," MPRA Paper 82605, University Library of Munich, Germany.
    12. Nunnenkamp, Peter, 2000. "Globalisierung der Automobilindustrie: neue Standorte auf dem Vormarsch, traditionelle Anbieter unter Druck?," Kiel Working Papers 1002, Kiel Institute for the World Economy (IfW Kiel).
    13. Li, Qiaomin & Scollay, Robert & Maani, Sholeh, 2016. "Effects on China and ASEAN of the ASEAN-China FTA: The FDI perspective," Journal of Asian Economics, Elsevier, vol. 44(C), pages 1-19.
    14. Celine Azemar & Julia Darby & Rodolphe Desbordes & Ian Wooton, 2012. "Market Familiarity and the Location of South and North MNEs," Economics and Politics, Wiley Blackwell, vol. 24(3), pages 307-345, November.
    15. Komlan Fiodendji & Kodjo Evlo, 2015. "Do Institutions Quality Affect FDI Inflows in Sub-Saharan African Countries?," Journal of Applied Finance & Banking, SCIENPRESS Ltd, vol. 5(1), pages 1-8.
    16. René Cabral & Jorge Alberto Alvarado, 2021. "The Role of FDI on Exports Performance: Evidence from the Mexican States," International Regional Science Review, , vol. 44(6), pages 684-708, November.
    17. Wilfried Altzinger & Peter Egger & Peter Huber & Kurt Kratena & Michael Pfaffermayr & Michael Wüger, 2000. "Teilprojekt 5: Transnationale Direktinvestitionen und Kooperationen," WIFO Studies, WIFO, number 19587, April.
    18. Christian Milelli & Alice Nicole Sindzingre, 2013. "Chinese Outward Foreign Direct Investment in Developed and Developing Countries: Converging Characteristics?," Working Papers hal-04141177, HAL.
    19. Mr. Selim A Elekdag & Mr. Saade Chami & Mr. Ivan Tchakarov, 2004. "What Are the Potential Economic Benefits of Enlarging the Gulf Cooperation Council?," IMF Working Papers 2004/152, International Monetary Fund.
    20. repec:got:cegedp:15 is not listed on IDEAS
    21. Baltagi, Badi H. & Egger, Peter & Pfaffermayr, Michael, 2008. "Estimating regional trade agreement effects on FDI in an interdependent world," Journal of Econometrics, Elsevier, vol. 145(1-2), pages 194-208, July.

    More about this item

    Keywords

    Handelseffekte; Standortattraktivität; interregionale Präferenzabkommen; Regionalismus;
    All these keywords.

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zbw:ifwkwp:1026. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://edirc.repec.org/data/iwkiede.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.