This Paper reviews the pros and cons of an early EU enlargement towards Central and Eastern European Countries (CEECs hereafter). First, the Maastricht criteria, which cannot be literally assessed during the catching up process, but that nevertheless mirror the huge efforts undertaken in order...

The persistence of widespread poverty in the Kyrgyz Republic seems to be due to the presence of a large pool of jobless and discouraged workers, as well as to the low level of formal job creation. This has prevented informal jobholders from moving from a situation of mere survival into a better...

La question de l'ancrage des monnaies des PECO à l'euro peut être envisagée sous l'angle de leur participation à une phase ultérieure de l'Union économique et monétaire (UEM). L'avantage de cette approche est de tenir compte de manière explicite du processus d'élargissement qui s'est...

This paper reviews the pros and cons of an early EU enlargement towards Central and Eastern European Countries (CEECs hereafter). Firstly, the Maastricht criteria, which cannot be literally assessed during the catching up process, but that nevertheless mirror the huge efforts undertaken in order...

Pegging the CEECs exchange rates to the Euro can be assessed by using the criteria for entering the EMU (European Monetary Union). This approach is explicitly taking into account the process of enlargement started in June 1993 in Copenhagen, where a subset of CEECs was selected for admission...