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Globalization, Investment, and Services Trade

Globalization, Investment, and Services Trade

Objective

Services are currently of great interest and importance to both policy-makers and businesses in Europe, and are a major factor in maintaining European growth and competitiveness over the coming decades. Previously, data relating to the interactions between trade flows, regulatory regimes and the European political economy has been inconsistent and fragmented. Now, thanks to the efforts of the EC, OECD and World Bank, more harmonised and accessible data is available. This provides an important opportunity for the introduction and development of doctoral dissertations. The goal of the proposed network Globalization, Investment, and Services Trade - GIST is to develop a cohort of researchers in Europe focused on international trade and Foreign Direct Investment (FDI) in the service sectors, and to integrate this network with the policy community. The service sector has traditionally been treated as a sector whose outputs are purely non-tradable. As a result, the existing body of research on international trade and trade policy is focused almost entirely on agriculture and manufacturing and research on multinationals and foreign direct investment is also focused on manufacturing firms and industries. Yet, while economists, political scientists, geographers, and institutional scholars remain focused on the set of international regulatory systems governing merchandise trade, dramatic changes have moved services from non-tradable to the realm of tradability. The geographic anchor of services has been cast loose, as the telecommunications revolution has changed the nature of activities that can be traded. The proposed network will explore these developments in the work package Theory of cross-boarder trade and FDI which will explore the growing importance of services in all OECD countries, the limited tradability of many services, the deregulation of service markets and FDI liberalization policies. Real world changes in the ownership and structure of service-sector indus

Coordinator

UNIVERSITAT LINZ

Address

Altenberger Strasse 69
4040 Linz

Austria

Activity type

Higher or Secondary Education Establishments

EU Contribution

€ 383 403,72

Administrative Contact

Joseph Francois (Prof.)

Participants (6)

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UNIVERSITY COLLEGE DUBLIN, NATIONAL UNIVERSITY OF IRELAND, DUBLIN

Ireland

EU Contribution

€ 279 204,50

STOCKHOLMS UNIVERSITET

Sweden

EU Contribution

€ 277 898,80

CENTRO STUDI LUCA D'AGLIANO

Italy

EU Contribution

€ 238 098,60

CENTRE NATIONAL DE LA RECHERCHE SCIENTIFIQUE CNRS

France

EU Contribution

€ 223 985,60

WIENER INSTITUT FUR INTERNATIONALE WIRTSCHAFTSVERGLEICHE

Austria

EU Contribution

€ 149 377

UNIVERZA V LJUBLJANI

Slovenia

EU Contribution

€ 241 317,20

Project information

Grant agreement ID: 211429

Status

Closed project

  • Start date

    1 September 2008

  • End date

    31 August 2012

Funded under:

FP7-PEOPLE

  • Overall budget:

    € 1 793 285,42

  • EU contribution

    € 1 793 285,42

Coordinated by:

UNIVERSITAT LINZ

Austria