, Central and South Eastern European countries that joined the EU after 2004. We find that these EU11 countries have benefitted … within the EU. The analysis is conducted with the macroeconomic model QUEST that distinguishes between all EU member states … and effects on EU value chains via lower prices for intermediates. GDP effects depend heavily on the degree of openness …

EU cohesion policy supports investment in infrastructure, R&D and human capital in Europe’s poorer regions. This …