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

Peter Nunnenkamp

No 1026, Kiel Working Papers from Kiel Institute for the World Economy (IfW Kiel)

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.

Keywords: Handelseffekte; Standortattraktivität; interregionale Präferenzabkommen; Regionalismus (search for similar items in EconPapers)
JEL-codes: F15 F21 (search for similar items in EconPapers)
Date: 2001
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Citations: View citations in EconPapers (8)

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Persistent link: https://EconPapers.repec.org/RePEc:zbw:ifwkwp:1026

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