The paper takes into account both the concerns of the EU, arguing that convergence is incomplete, and the demands from accession countries, claiming that monetary integration is optimal. Indicators are developed which measure convergence and optimality in comparison with a reference group of the...

With the gradual accession of some Central Eastern European Countries (CEECs) to the EU, international trade between EU and CEECs and the related environmental problems will definitely change because of the free trade and the mobility of production factors (labour and capital) within the EU....

This paper is motivated by the idea that the enlargement of the European Union is only one part of an overall process, known as economic integration, which characterizes the involvement of European economies into the global division of labor. Therefore, the paper aims at providing a quantitative...

With the extension of its competence for social policy legislation in the Maastricht and Amsterdam treaties, the EU has adopted a significantly new social dimension in the past ten years. According to the Copenhagen criteria, the CEEC candidate countries have to adopt the former via the acquis...

This paper aims to test several hypotheses on the determinants of the quality of trade in cross-country regressions, taking a sample of trade competitors in EU markets. The hypotheses are those underlying two models of VIIT: the so-called neo-H-O model based on factor endowment and an ?economic...

Mit dem Beitritt der neuen Mitgliedstaaten (NMS)3 rückt die Frage, wie sich die Integration der NMS auf die Arbeitsmärkte in der erweiterten Union auswirkt, in den Vordergrund. Befürchtet werden vor dem Hintergrund hoher Einkommensunterschiede sinkende Löhne und Beschäftigungseinbußen in...

Der vorliegende Beitrag geht der Frage nach, in wie weit polit-ökonomische Ansätze den Prozess der Osterweiterung der Europäischen Union erklären können. Eine grundlegende These der Arbeit lautet wie folgt: Kritiker der Theorien rationaler Entscheidungen beziehen sich häufig auf eine sehr...

Capital markets have undergone massive changes in the past decade; in Western Europe but of course more fundamentally in the Central and Eastern European Countries (CEEC). The euro has fostered the transformation of financial systems toward a more market based approach. Its impact in Eastern Europe...

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...