While seizing the historic opportunity to reunify Europe by its enlargement to central and Eastern European countries, the EU neglected the strategic preparations for enlargement. It failed to invest enough into analysing the consequences of accession to 10 members for its internal functioning....

This paper seeks to analyse the impact of European Union enlargement on accession countries and current EU as a whole, using a Computable General Equilibrium (CGE) model. Its aim is to provide an assessment of the impact of enlargement on the size and efficiency of firms and the varieties of...