Publisher's Synopsis
The completion of the European Economic Integration will have profound effects on outside firms seeking market opportunities in the European Union. This is an analysis of industrial restructuring in small countries facing increased competition after "Europe 1992". It focuses on four countries: Austria, Switzerland, Sweden and Israel.;The book argues that "Europe 1992" will benefit insiders more than outsiders. Moreover, the relatively competitive position of outsiders will deteriorate even if the principle of "Fortress Europe" is rejected by the Union. The authors examine foreign direct investment as a possible response of outsiders to the negative impact of "Europe 1992" on their competitive position.
