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European Union Trade and Investment Relations with Emerging Markets

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Part of the Schriftenreihe der Österreichischen Gesellschaft für Europaforschung (ECSA Austria) / European Community Studies Association of Austria Publication Series book series (EUROPAFORSCH,volume 12)

Abstract

Emerging market economies are an important trade and investment partner for the European Union (EU). We measure the EU comparative advantage in manufactured goods and high-technology products using first the actual exchange and growth rates, and then an approximate equilibrium exchange rate and potential growth rate. It turns out that the EU has a comparative advantage vis-à-vis all its trading partners except for the Asian economies. Subsequently, the paper examines EU investments in emerging markets which account for 33 per cent of all EU outward FDI. Finally, we show that the EU has a number of trade agreements with emerging market economies in effect or under negation.

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© 2009 Springer-Verlag Wien

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Salvatore, D. (2009). European Union Trade and Investment Relations with Emerging Markets. In: Tondl, G. (eds) The EU and Emerging Markets. Schriftenreihe der Österreichischen Gesellschaft für Europaforschung (ECSA Austria) / European Community Studies Association of Austria Publication Series, vol 12. Springer, Vienna. https://doi.org/10.1007/978-3-211-92662-8_1

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  • DOI: https://doi.org/10.1007/978-3-211-92662-8_1

  • Publisher Name: Springer, Vienna

  • Print ISBN: 978-3-211-92661-1

  • Online ISBN: 978-3-211-92662-8