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

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  • 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.

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  • 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
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    1. repec:got:cegedp:30 is not listed on IDEAS
    2. 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.
    3. 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.
    4. 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.
    5. 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).
    6. 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.

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    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

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