The accession of ten new members to the European Union on May 1st 2004 is among the most significant developments in the history of European integration. Based upon studies conducted by the European Forecasting Network, this book analyses key aspects of the impact of this recent enlargement with...

Key aspects of the impact of the recent enlargement of the EU are analysed with reference to the Central and Eastern European countries. The book demonstrates that the enlargement could have profound consequences on both the new Member States and on the pre-accession members of the Union

We analyse the evolution of the business cycle in the accession countries, after a careful examination of the seasonal properties of the available series and the required modification of the cycle dating procedures. We then focus on the degree of cyclical concordance within the group of...