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Investissements directs étrangers et intégration : quels enseignements pour les Peco ?

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  • José De Sousa
  • Julie Lochard

Abstract

This paper presents an empirical estimation of the effect of economic and monetary integration on foreign direct investment (FDI). We find that a country joining the European Union benefits from increased FDI from EU members and other OECD countries. Monetary integration via the creation of a single currency in Europe also generates an increase in FDI both within the euro area and with third countries. These findings provide some food for thought for the Central and Eastern European countries joining the EU and set to eventually join the euro area.

Suggested Citation

  • José De Sousa & Julie Lochard, 2004. "Investissements directs étrangers et intégration : quels enseignements pour les Peco ?," Economie & Prévision, La Documentation Française, vol. 163(2), pages 87-100.
    • Handle: RePEc:cai:ecoldc:ecop_163_0087
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