IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-349-09946-7_3.html
   My bibliography  Save this book chapter

The Legislative Background to Foreign Investment in Greece, Portugal and Spain

In: North-South Direct Investment in the European Communities

Author

Listed:
  • Peter J. Buckley

    (University of Bradford)

  • Patrick Artisien

    (University of Wales)

Abstract

The recent accession of Greece, Spain and Portugal has changed the orientation of the Common Market from a Community of industrialised states with relatively high GDPs and living standards to an enlarged Community which comprises some of the poorest nations in Western Europe. Economic conditions, which have worsened throughout the Community member states since the first enlargement of 1973, do not augur well for the successful integration of less developed Mediterranean countries. Already in the interim period Greece’s membership of the EC has opened the floodgates to imports of European manufactures and food: in the two years since joining, Greece’s trade deficit with its EC partners has doubled to $2.5 billion. In the food trade, where Greece was expected to enlarge its European markets, the results are disappointing: Greece’s $140 million surplus on food trade with the EC in 1980 turned into a $295 million deficit in 1982.

Suggested Citation

  • Peter J. Buckley & Patrick Artisien, 1987. "The Legislative Background to Foreign Investment in Greece, Portugal and Spain," Palgrave Macmillan Books, in: North-South Direct Investment in the European Communities, chapter 2, pages 25-38, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-09946-7_3
    DOI: 10.1007/978-1-349-09946-7_3
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    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:pal:palchp:978-1-349-09946-7_3. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    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.