EUROPE’S ECONOMIC LANDSCAPE FROM THE PERSPECTIVE OF TRADE FLOWS AND NET FOREIGN ASSETS POSITIONS
Globalisation has been characterised by the emergence of huge imbalances worldwide. Countries have become highly asymmetrical in terms of trade balances and net foreign assets positions as a result of a process of production relocation of unprecedented proportions. The stability itself of Europe’s...
Saved in:
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
European Association of Geographers
2015-04-01
|
| Series: | European Journal of Geography |
| Online Access: | https://www.eurogeojournal.eu/index.php/egj/article/view/501 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1846098942220042240 |
|---|---|
| author | Maria Stella CHIARUTTINI |
| author_facet | Maria Stella CHIARUTTINI |
| author_sort | Maria Stella CHIARUTTINI |
| collection | DOAJ |
| description |
Globalisation has been characterised by the emergence of huge imbalances worldwide.
Countries have become highly asymmetrical in terms of trade balances and net foreign assets
positions as a result of a process of production relocation of unprecedented proportions. The
stability itself of Europe’s trade position is the result of diverging trajectories for the group of
net importing and exporting countries and similar growing disparities can be found analysing
cross-country assets holdings. In the paper four main country profiles within Europe are
identified: heavily indebted countries with increasing deficits in merchandise trade but
growing net FDI positions and net exports in royalties and license fees, like the United
Kingdom; rising manufacturing exporters with a positive net FDI position; a periphery of FDI
recipients with an improving trade balance, and finally countries, like the Mediterranean ones,
that are both net capital and goods importers.
|
| format | Article |
| id | doaj-art-982f6c0ece274443914f7f764b0e918f |
| institution | Kabale University |
| issn | 1792-1341 2410-7433 |
| language | English |
| publishDate | 2015-04-01 |
| publisher | European Association of Geographers |
| record_format | Article |
| series | European Journal of Geography |
| spelling | doaj-art-982f6c0ece274443914f7f764b0e918f2025-01-01T06:58:15ZengEuropean Association of GeographersEuropean Journal of Geography1792-13412410-74332015-04-0152EUROPE’S ECONOMIC LANDSCAPE FROM THE PERSPECTIVE OF TRADE FLOWS AND NET FOREIGN ASSETS POSITIONSMaria Stella CHIARUTTINI0University of Zurich, Department of Economics, Zurich, Switzerland Globalisation has been characterised by the emergence of huge imbalances worldwide. Countries have become highly asymmetrical in terms of trade balances and net foreign assets positions as a result of a process of production relocation of unprecedented proportions. The stability itself of Europe’s trade position is the result of diverging trajectories for the group of net importing and exporting countries and similar growing disparities can be found analysing cross-country assets holdings. In the paper four main country profiles within Europe are identified: heavily indebted countries with increasing deficits in merchandise trade but growing net FDI positions and net exports in royalties and license fees, like the United Kingdom; rising manufacturing exporters with a positive net FDI position; a periphery of FDI recipients with an improving trade balance, and finally countries, like the Mediterranean ones, that are both net capital and goods importers. https://www.eurogeojournal.eu/index.php/egj/article/view/501 |
| spellingShingle | Maria Stella CHIARUTTINI EUROPE’S ECONOMIC LANDSCAPE FROM THE PERSPECTIVE OF TRADE FLOWS AND NET FOREIGN ASSETS POSITIONS European Journal of Geography |
| title | EUROPE’S ECONOMIC LANDSCAPE FROM THE PERSPECTIVE OF TRADE FLOWS AND NET FOREIGN ASSETS POSITIONS |
| title_full | EUROPE’S ECONOMIC LANDSCAPE FROM THE PERSPECTIVE OF TRADE FLOWS AND NET FOREIGN ASSETS POSITIONS |
| title_fullStr | EUROPE’S ECONOMIC LANDSCAPE FROM THE PERSPECTIVE OF TRADE FLOWS AND NET FOREIGN ASSETS POSITIONS |
| title_full_unstemmed | EUROPE’S ECONOMIC LANDSCAPE FROM THE PERSPECTIVE OF TRADE FLOWS AND NET FOREIGN ASSETS POSITIONS |
| title_short | EUROPE’S ECONOMIC LANDSCAPE FROM THE PERSPECTIVE OF TRADE FLOWS AND NET FOREIGN ASSETS POSITIONS |
| title_sort | europe s economic landscape from the perspective of trade flows and net foreign assets positions |
| url | https://www.eurogeojournal.eu/index.php/egj/article/view/501 |
| work_keys_str_mv | AT mariastellachiaruttini europeseconomiclandscapefromtheperspectiveoftradeflowsandnetforeignassetspositions |