The EU's post-Communist countries as well as the EU in general are participating in the implementation of the Lisbon Strategy which aims to create an economy of knowledge. The usage of catching up is extremely important in achieving this strategy's goals. Unfortunately, the EU's post-Communist...

The paper is analysing the process of economic convergence of transition countries during the period 1995-2004. Within the analysed period unconditional B-convergence across the transition economies existed. We could also discover the reduction of dispersion of income levels between accession...