EU Enlargement and its Macroeconomic Effects in Eastern Europe
ISBN: 9780230502475
Platform/Publisher: SpringerLink / Palgrave Macmillan UK
Digital rights: Users: unlimited; Printing: unlimited; Download: unlimited
Subjects: Palgrave Economics & Finance Collection;

What will joining the EU mean for the new Eastern member states and their economies? This book offers a detailed study of the macroeconomic and structural adjustment burden. It envisages a real currency appreciation stemming from price convergence, capital inflows and weak structural change. The widespread belief that an Eastern enlargement of the Union would be overwhelmingly to the detriment of the present EU (budgetary costs, locational decisions, trade deficits) is rejected. The authors discuss the lack of competitiveness of Eastern countries and their need for structural adjustments (in the financial sector, in agriculture, and in manufacturing) in order for them to survive and thrive in their new economic environment.


KLAUS FROHBERG Executive Director of the Institute of Agricultural Development in Central and Eastern Europe (IAMO), Halle/Saale, GermanyMONIKA HARTMANN Head of the Division of Agricultural Markets, Marketing and World Agricultural Trade at the Institute of Agricultural Development in Central And Eastern Europe (IAMO) in Halle/Saale, GermanyJENS HÖLSCHER DAAD Senior Research Fellow and Co-ordinator of Economic Research, Institute for German Studies of the University of BirminghamKAZIMIERZ LASKI Professor Emeritus of Economics at the University of Linz, AustriaCLAUDIA LÖHNIG Research Associate at the Leipzig Graduate School of ManagementLUCJAN ORLOWSKI Professor of Economics and International Finance at Sacred Heart University in FairfieldWITOLD ORLOWSKI Deputy Director of the Research Institute of the Central Statistical Office in WarsawLEON PODKAMINER Vienna Institute for Comparative Economic Studies (WIIW)JOHANNES STEPHAN Research Fellow at the Institute for Economic Research Halle (IWH)
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