The Effects of Regional Economic Integration and Foreign Direct Investment on Greenland's Economic Development

Alî Toptancî

MPRA Paper from University Library of Munich, Germany

Abstract: Countries need Regional Economic Integration (REI) for their economic development. In particular, the Regional Economic Integration established between Greenland and the Eurozone and European Free Trade Association (EFTA) countries aims to increase the productivity of factors through competition. Greenland, which might seem unsuitable for investment due to its location, offers significant economic diversification. In an REI between the Eurozone and EFTA countries, Greenland will play a critical role in the economic development of both. However, while Greenland's participation in the REI is vital for its economic growth, additional obligations and high costs must also be considered, and its inability to participate could lead to lower economic performance. Therefore, Foreign Direct Investment (FDI) in Greenland will facilitate its participation in the REI and increase its competitiveness. This study will examine the impact of Regional Economic Integration (REI) between Greenland and the Eurozone and EFTA countries on the Greenlandic economy, and how Foreign Direct Investment (FDI) stemming from the REI will contribute to Greenland's economic development.

Keywords: Regional Economic Integration; Foreign Direct Investment; Greenland; Eurozone; EFTA; economic development. (search for similar items in EconPapers)
JEL-codes: F02 F15 F62 F63 (search for similar items in EconPapers)
Date: 2026-01-12
References: Add references at CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/127697/1/MPRA_paper_127697.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:127697

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().