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There is a general consensus that member state interaction within the EU system will lead to convergence and an overall improvement of domestic policies and administrative systems. This article poses that non-convergence is also possible and develops a model of Europeanisation that explains both...
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In the new member states of the EU which have not yet adopted the euro, previous adoption strategies have come under scrutiny. The spillovers and contagion from the global financial crisis revealed a new threat to the countries’ real convergence goal, namely considerable vulnerability to the...
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Macroeconomic imbalances in the eurozone have decreased significantly since the beginning of the financial and economic … macroeconomic imbalances in the eurozone by analysing the determinants of export growth in Portugal and the role played by the …
Persistent link: https://www.econbiz.de/10010362731
This paper reviews the strong pre-crisis economic growth in the new EU member states and assesses whether the growth model can continue to be successful after the crisis. The analysis shows that a new growth model for the region will be needed, ideally one that focuses on raising domestic...
Persistent link: https://www.econbiz.de/10009747343
Most of the newly acceded central and east European EU countries are among the main beneficiaries of EU Cohesion Policy. The main objective of this policy is to improve the long-term growth and employment prospects of the supported regions, and thereby to support convergence towards higher...
Persistent link: https://www.econbiz.de/10009626661