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...

This paper studies the impact of public infrastructure on economic performance. We employ three different methodologies to estimate the returns to public investment. First, we relate growth in total factor productivity to accumulation of public capital. Second, we assess the role of public...