The study analyses macroeconomic policy-making in the European Union and the role of the European Parliament in it. There are three parts to the study. The first is concerned with policy-making procedures. The second analyses the implementation of the Broad Economic Policy Guidelines (BEPGs) and...

This paper presents evidence for structural differences in economic growth dynamics between the current EU and the central- and eastern European accession countries. Two important results emerge from the analysis. First, accession countries have posted higher average growth and wider output...

The 2004 EU enlargement will most likely yield major benefits to the new member countries in the long run. The new members will be able to capture gains from trade in goods and services and will moreover benefit from a continued inflow of financial and real capital. Without doubt, these...

The Environment for Europe process is a political framework for a wide range of initiatives that aim to improve environmental performance across the wider European region. This brochure describes the European Commissionu0092s contributions to the process and environmental co-operation in the...

This thematic report examines the extent to which Phare Programmes have achieved their Civil Society objectives. The purpose of the report is to providing a tool to support those responsible, in the Commission Services as well as in the 10 Candidate Countries (CC), for the design and...

...l’insertion dans la mondialisation pourrait être mieux maîtrisée et, transitoirement, la politique commerciale extérieure commune, en mettant dans une certaine mesure le marché communautaire à l’abri de chocs commerciaux trop forts en provenance de pays tiers, pourrait favoriser la...

Foreign direct investment (FDI) inflows into Central and Eastern Europe declined from a record $31 billion in 2002 to a low of $21 billion last year, the result of the end of privatisation in the Czech Republic and Slovakia, according to the World Investment Report 2004: The Shift Towards...

The accession of eight Central and Eastern European countries to the European Union in 2004 will bring some important benefits. The new members will gain from reduced barriers to trade and investment. By 2010, the movement of labour will also be freed. But accession to the EU is neither a...

The paper states that economic growth is picking up in Turkey and the economy is on the road to recovery. It concludes that it is up to the Turkish policy makers to make sure that the countryu0092s economy will leave its grave problems behind and enjoy a bright future. Despite the recent...

Estonia's accession to the EU in 2005 led to a period of above-potential growth, fostered by expansionary monetary conditions. The predominance of foreign-owned banks accelerated the process of financial integration. Financial flows, while massive, were mostly directed at the non-tradable...