Rapporti e Analisi

 

Le Regioni del Mar Baltico, secondo Eurohypo

13 aprile 2007

Il Servizio Studi della Banca Eurohypo ha diffuso il 13 aprile il proprio Outlook sulle ragioni del Mar Baltico.
In sintesi la Ricerca afferma che «Owing to the dynamic political and economic convergence process, the states bordering the Baltic Sea represent a model region for European integration.
Buoyant trade and high levels of foreign direct investment between the states bordering/within the region are the catalysts for this convergence process, which is further supported through shared geographical, historical and cultural roots.
The Baltic region's attractiveness for investors lies in the heterogeneous nature of its national economies, with economically sound states in northern and western Europe, on the one hand, and several of the most rapidly growing transition countries in eastern Europe, on the other. Here, the prospect of appealing rates of return is offset by calculable risks.
The structural differences are extreme and are set to persist in the medium term, despite all of the reform efforts. In particular, small national economies like those of the Baltic states will only be able to participate from international capital flows to a certain extend. This applies especially to real estate investments.
Due to the wide-ranging risk/return profiles, there is very good scope for diversification within the Baltic region, in spite of the limited number of countries. With regard to the real estate sector, the overall lack of global investment centres in the region could have a negative impact on investment activity in the long term».