Openness And The EU Does Candidacy to the EU Increase a Nation’s Trade Openness? By: Constantine Petallides.

Slides:

Advertisements

Similar presentations

Supranational Cooperation is:

Advertisements

Trading Blocks: The European Union Bartu and Gabriele.

The EU Bioeconomy Observatory Meeting with RRM Group Brussels, 2 nd April 2014 Damien PLAN JRC Unit A2 Scientific support to Innovation Union

1 BANK OF ALBANIA Competitiveness of the Albanian economy with a view to eventual EU accession: Current situation and challenges ahead Niuton MULLETI NBRM.

The EU will continue to grow because a lot of countries want to join the Union. There are candidate countries and potential candidate countries. The conditions.

1 Economic Aspects of Enlargement Brussels, 1 February 2005 Dirk VERBEKEN EUROPEAN COMMISSION Economic and Financial Affairs Directorate General What’s.

European Union. Which countries are members of the European Union? More than 25 Why did the European Union form? To encourage trade within Europe What.

Croatia and EU – hopes and concerns Siniša Rodin University of Zagreb

Economic Scenarios for 2020 Turkey – European Union Will there be an enlargement? Students working group EUECOPOL

Expanding the European Union. The E.U. Today 15 members Population: 377 million (2000) (Expansion will add an additional 170 million people) GDP: $8.1.

European Round Table The Economics of the Widening and Deepening of the EU Tim Josling Stanford Institute for International Studies.

The European Union THE EUROPEAN UNION Where in the world is the European Union?

Bell Work: Tuesday The European Union: 1. Name 3 countries that are a part of the European Union. 2. Name 3 countries that are not member of.

History of the Euro By Lindsey Johnston. Agenda The European Union Treaties The European Central Bank The Euro/Eurozone Who does not use the Euro? Pros/Cons.

METP - Statistics World Cup Elena Arias Marie-Paule Laurent Yvik Swan Solvay Business School Université Libre de Bruxelles Fall 2007.

Econ Vocab Review. Standard of Living Standard of Living Productive Capacity Productive Capacity Usage of resources Usage of resources Infrastructure.

European Union.

European Union (EU) Instructional Approach(s): Introduction Slide.

Gali Beeri International Education Program Coordinator UNC Chapel Hill Center for European Studies.

Research and Innovation Research and Innovation 4.3 Innovation Headline Indicator [RESTRICTED TO ERAC MEMBERS] Clara de la Torre, Pierre Vigier, DG Research.

Croatia and the EU from applicant to EU member state.

Standard SS6G5b: Describe the purpose of the European Union and the relationship between member nations.

Fostering Interventions for Rapid Market Advancement FIRMA Project Overview October 01, 2009 Snjezana Derviskadic, MBA Tourism Team Leader.

FALLING BIRTHS AND AGEING IN THE EUROPEAN UNION Group #3 Bymayri De León Beato Yee Yee Win.

The European Union & Business A2 Business Studies Unit 4.

THE EUROPEAN UNION. Member States The European Union is composed of 27 independent sovereign states which are know as member states: Austria, Belgium,

Chapter 9 Economic Integration.

Bell Work: Tuesday The European Union: 1. Name 3 countries that are a part of the European Union. 2. Name 3 countries that are not member of.

Development challenges in the Europe and CIS region(s) Ben Slay Senior economist UNDP Bureau for Europe and CIS 25 June 2009.

SSelection Question: What are the circumstances surrounding EU membership? PPerformance Question: What is the effect of EU membership on economic.

© 2009 The McGraw-Hill Companies, Inc. All rights reserved. 6 McGraw-Hill Trade protectionism Two kinds of tariff –Protective –Revenue Import quota Embargo.

Standard SS6G5b: Describe the purpose of the European Union and the relationship between member nations.

CUSTOMS UNION BETWEEN TURKEY-EU  The Customs Union creates the closest economic relation between the European Union and a non member country  The Ankara.

European Union “EU” SS6CG5. Purpose Work together creating opportunities that a country would not have alone. Creates: – More powerful worldwide as 1.

The European Union.

Enlargement and neighbourhood policy. Two key themes The process of acceding to the EU The interaction with the state on the EU’s borders.

Lisbon Strategy: What’s in it for Crafts and SMEs ? Gerhard Huemer UEAPME Director Economic and Fiscal Policy 4 th SME Summit Portorož, April 23, 2005.

CHRONOLOGICAL EVOLUTION TO THE EUROPEAN UNION ROBERT RAYA TWYLA TUCKER.

 A quota is a limit placed on the number of imports that may enter a country.  Putting a quota on a good creates a shortage, which causes the price.

The European Union.  “United in Diversity” is the slogan  27 Member States (Primarily in Europe)  Economic and Political Union  Operated by a Parliament.

Enlargement Kaoru Katata & Yusuke Arima. Table of Contents Why Expand? Enlargement Rounds: the History of Enlargement The Integration Process Copenhagen.

THE EUROPEAN UNION. THE EU How many countries are there in the EU?

Politics of EU Integration Perm 2012 Michael Hindley

A More Perfect Union? Expanding the EU Your group represents a current member state of the EU. You must consider the following question: Is expanding the.

POLS 304 Local Government & Governance Multilevel Governance in the European Union and Governance in Turkey.

A2 Economics PowerPoint Briefings 2009 Enlargement and European Order Muhammad Yusra International Relations Dept. Universitas Andalas-2011.

THE BASICS OF THE EUROPEAN UNION. KEY WORDS Supranational Sovereign Intergovernmental Eurozone Schengen Candidate countries Member states Single market.

The big enlargement: healing the division of Europe

1.1 Tables and Graphs of Linear Equations

European Union.

Openness And The EU Does Candidacy to the EU Increase a Nation’s Trade Openness? By: Constantine Petallides.

The European union explained

Purpose of the European Union

What role if any does the EU play in the World Economy?

Start Career in Sales & Marketing. Advancement in a Company.

Openness And The EU Does Candidacy to the EU Increase a Nation’s Trade Openness? By: Constantine Petallides.

European Union.

The European Union United in Diversity.

How has the single market benefited millions of Europeans?

Rail transport statistics developments Agenda Item 4.1

Currency Unification: Foreign Exchange Volatility and Equity Returns

Starter task Write everything you know about the following:

European Union.

The big enlargement: uniting east and west

The European Union SS6CG5(b) Describe the purpose of the European Union and the relationship between member nations.

Tourism Statistics Section, Trade and Services Statistics Division

What next for the EAC-EU EPA ?

History, introduction and importance today

Specialization and Clusters

Presentation transcript:

Openness And The EU Does Candidacy to the EU Increase a Nation’s Trade Openness? By: Constantine Petallides

What is Trade Openness? (Imports + Exports)/GDP More Business = Stronger and More Stable Economy

Why Does the EU Care? Copenhagen Criteria: Existence of a functioning market economy and the capacity to cope with competitive pressure and market forces within the Union. 1 $$$$$$$$ $$$$$$$$ $$$$$$$$ – Fewer tariff walls and “Four Freedoms” Everyone Wins! 1 Europa – Glossary – Accession Criteria (Copenhagen Criteria),

Methodology Penn World Tables used to generate dataset Observe other variables in relation to Trade Openness

The Data country country isocodeyearPPPrgdplrgdpchopenkCandidate Average Openness CandidateMember Average Openness Mamber AustriaAUT AustriaAUT AustriaAUT AustriaAUT AustriaAUT AustriaAUT AustriaAUT AustriaAUT AustriaAUT AustriaAUT AustriaAUT Note: All tables and graphs are author created based on this dataset

The Data (Post-Mental Breakdown)

YearEU StatusGDPTrade Openess 91Unaffiliated Candidate Candidate Candidate Member Member Member Member Member Member Member Member Member Member Member Member Member Case Example: Finland

YearEU StatusGDPTrade Openess 98Unaffiliated Candidate Candidate Candidate Candidate Candidate Candidate Candidate Candidate Candidate Unobservable Factors: Turkey

Further Research / Difficulties Statistics Training More Advanced Confirmation of Relationship