This paper examines the transition process within Eastern Europe and the integration process with the EU and shows that … the requirements for the transition towards a market economy overlap with the requirements for EU accession. Furthermore … economic development between the Central and Eastern European countries and the EU. The paper argues that the acceding …

The Eastern enlargement of the European Union (EU) is likely to give a further boost to trade and capital flows, yet … determinants of international asset holdings and trade flows. We find in most regressions that EU membership has a significant … effect. Based on additional simulations of the expected flows to ten transition economies, we conclude that for the EU …