Freihandelsabkommen erleichtern es den beteiligten Ländern, Waren auszutauschen. In der Regel schaffen solche Abkommen Wirtschaftswachstum und Arbeitsplätze.
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Global value chains have continued to expand over the last few decades. This has made them a central part of many companies’ internationalization strategies and an important facet of globalization.
How does the EU Commission’s idea of closer scrutiny of Chinese investments into European companies square with the same Commission’s advocacy in favour of open markets and free movement of capital? It is a delicate balance to strike between intervention and free markets. The EU needs to be careful not to lose credibility and scare away foreign investors which could endanger the many advantages of inflowing foreign direct investment.
If the British government has its way, when the United Kingdom (UK) withdraws from the European Union (EU), it will also leave the internal market and the customs union. This means that trade between the two economic areas will in future be hobbled by non-tariff trade barriers and, if the worst comes to the worst, by actual tariffs.
Senior Economist for Domestic and Foreign Economic Cycles
Tel+49 221 4981-774
Mailkolev@iwkoeln.de
@galina_kolev
Head of the Research Unit International Economics and Economic Outlook
Tel+49 221 4981-754
Mailmatthes@iwkoeln.de
