The paper aims to explore international trade flows of the countries involved in the EU eastward enlargement processes – the current EU members (EU15) and the candidate countries (CC12). The empirical results of the study allow us to conclude that the behaviour of bilateral trade flows within...

In addition to traditional growth models, 3T (Technology, Talent, Tolerance) approach, initially proposed by Richard Florida, has gained popularity since the beginning of the 21st century in explaining determinants of economic growth and development. This approach emphasizes the important role...

This paper analyses the economic effects of the eastern enlargement of the EU both on the existing Member States and the candidate countries using simulation results of a dynamic computable general equilibrium model. In addition to conventional trade policy impacts such as custom union formation...