Title: Policy Brief: Emerging Market Multinationals: Opportunity or Threat for Europe?
Authors: Alonso, Fernando
Bakir, Caner
Brennan, Louis
Cunha, Carlos
Czakó, Erzsébet
De Beule, Filip
Elia, Stefano
Fuentes, Daniel Diaz
Hay, Françoise
Heum, Per
Jackliç, Andrea
Milelli, Christian
Nölke, Andreas
Piscitello, Lucia
Pires, Armando José Garcia
Srai, Jajgjit Singh
Vardar, Nukhet
Issue Date: May-2014
Publisher: COST Action IS0905: The Emergence of Southern Multinationals and their Impact on Europe
Abstract: 1. The European Union (EU) must adjust to
the changing global balance in terms of a different
set of competitive forces (’Shifting Wealth’),
especially to challenges from emerging market
2. In the context of indebtedness of member
state economies and given the will to promote reindustrialization
of these economies, investments
from emerging market multinationals are key.
3. Given the fundamental importance of the
home country state for emerging market
multinationals, it is unrealistic to demand a hands
off-approach, but there are legitimate concerns
with regard to the protection of intellectual
property rights and market access that have to be
addressed in investment agreements.
4. Based on the changed distribution of
power after the Lisbon Treaty, the European
Parliament should become more active in the field
of investment policies, in particular to safeguard
core pillars of the European social model.
5. EU member states should have more leeway
in developing specific promotional policies at the
sector level to attract innovative Foreign Direct
Investment (FDI) from emerging market
multinationals. So, EU competition and state aid
policies need modification.
6. The EU should engage in training
programmes (similar to ERASMUS) for mangers from
emerging markets to ensure that positive impact of
investments in the EU are realized.
7. Eurostat should collect more comprehensive
data on FDI from emerging market multinationals
and its effects, based on cooperation with the OECD,
UNCTAD and statistical offices in emerging markets.
Publication status: published
KU Leuven publication type: ER
Appears in Collections:Department of International Business, Strategy and Economics (IBSE), Campus Carolus Antwerp
Faculty of Economics and Business (FEB) - miscellaneous

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