Benefits of EU Membership for the Transition Countries PDF Download
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Author: Marko Martinović.
Publisher:
ISBN:
Category : Former Soviet republics
Languages : en
Pages : 62
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Book Description
This paper estimates the benefits of EU membership for Latvia, a former communist country and a member of the former USSR. It is widely believed that the EU membership significantly contributes to raising living standards and growth of the economies of the new members. Using counterfactual analysis with the official date of accession of 2003 I find that Latvia demonstrates stronger economic growth from the EU membership, but only up to 2009. After the 2009 financial crisis Latvia's economic growth is severely compromised as a consequence of joining the EU. When 1999 is treated as the treatment year, the year when Latvia officially opened negotiations with the EU, the results show a much stronger effect of EU membership on economic growth. Under this scenario Latvia benefited by about $3218 per citizen per year from EU membership in the period 1999-2010.
Author: Marko Martinović.
Publisher:
ISBN:
Category : Former Soviet republics
Languages : en
Pages : 62
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Book Description
This paper estimates the benefits of EU membership for Latvia, a former communist country and a member of the former USSR. It is widely believed that the EU membership significantly contributes to raising living standards and growth of the economies of the new members. Using counterfactual analysis with the official date of accession of 2003 I find that Latvia demonstrates stronger economic growth from the EU membership, but only up to 2009. After the 2009 financial crisis Latvia's economic growth is severely compromised as a consequence of joining the EU. When 1999 is treated as the treatment year, the year when Latvia officially opened negotiations with the EU, the results show a much stronger effect of EU membership on economic growth. Under this scenario Latvia benefited by about $3218 per citizen per year from EU membership in the period 1999-2010.
Author: Michael Landesmann
Publisher: Springer Nature
ISBN: 3030577023
Category : Business & Economics
Languages : en
Pages : 337
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Book Description
This edited volume analyses the channels through which EU membership contributed to the convergence process of member countries in the Baltics, Central-Eastern and South-Eastern Europe. These channels include trade, investment, finance, labour, and laws and institutions. Global integration has certainly played an important role. A large part of FDI flows and financial integration in the world have been persistent features of globalization. Have these countries experienced more intensive integration through these channels because of EU membership, with its much tighter institutional and political anchorage, than their fundamentals and global trends would suggest? Contributions by lead researchers of the area address different aspects of this question. .
Author: Felix Eschenbach
Publisher: World Bank Publications
ISBN:
Category : Econometric models
Languages : en
Pages : 26
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Book Description
"The authors analyze the extent to which the EU-15 and 16 transition economies used the WTO General Agreement on Trade in Services (GATS) to commit to service sector policy reforms. They compare GATS commitments with the evolution of actual policy stances over time. While there is substantial variance across transition economies on both actual policies and GATS commitments, the authors find an inverse relationship between the depth of GATS commitments and the "quality" of actual services policies as assessed by the private sector. In part this can be explained by the fact that the prospect of EU accession makes GATS less relevant as a commitment device for a subset of transition economies. But for many of the non-EU accession candidates, the WTO seems to be a weak commitment device. One explanation is that the small size of the markets concerned generates weak external enforcement incentives. The authors' findings suggest greater collective investment by WTO members in monitoring and the need for transparency to increase the benefits of WTO membership to small countries. "--World Bank web site.
Author: J.M. Van Brabant
Publisher: Springer Science & Business Media
ISBN: 1461562473
Category : Business & Economics
Languages : en
Pages : 307
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Book Description
Bringing the eastern European economies in transition (defined more precisely in the Introduction) under the economic, political, and secu rity umbrella of the European Union (ED) has been an ambition of many of these countries from the very start of the so-called annus mirabilis in 1989. The road to gratification of this aspiration since then has been rather bumpy, however one wants to look at recent events. Indeed, since 1989 the relationship between the EU and the economies in transition has been ebbing and flowing with the evolution of two main strands of policy stances in the EU. One has been deep skepticism about bringing these countries into the Union at all in any foreseeable future. This in spite of the fact that, after long hesitation, in mid 1993 the EU Member States committed themselves eventually to explore accession with selected transition economies, as well as Cyprus and Malta. The other has been their evolving attitude toward their own integration endeavors. Hence the dilemmas, in the EU's parlance, of the "deepening versus widening" conundrum. That indeed constitutes the paramount issue addressed in the present investigation.
Author: Jörn A Kämmerer
Publisher:
ISBN: 9781035314850
Category : Law
Languages : en
Pages : 0
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Book Description
Adopting an interdisciplinary approach, this book examines the experience of the European Union in bringing multiple sovereign nations under a common economic umbrella, and goes on to ask if the EU can serve as a blueprint for other regions that are striving for economic integration or if it is 'too unique' to be emulated. To this end, the book draws on contemporary and historical law and politics as well as economic analyses. Scholars from countries both in and outside of the EU provide a full stocktake of the political and economic benefits of EU membership. They critically assess monetary integration and the path it has followed in the wake of the global financial crisis. Chapters delineate key comparisons between the EU and other governance models, between EU members and non-EU members, and between euro and non-euro member States of the Union. Students of law, economics and politics will benefit from this timely book. It should also be of interest to policymakers around the world who interact with EU countries and those who may be contemplating similar forms of economic and monetary integration in their region.
Author: Felix Eschenbach
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
The authors analyze the extent to which the EU-15 and 16 transition economies used the WTO General Agreement on Trade in Services (GATS) to commit to service sector policy reforms. They compare GATS commitments with the evolution of actual policy stances over time. While there is substantial variance across transition economies on both actual policies and GATS commitments, the authors find an inverse relationship between the depth of GATS commitments and the "quality" of actual services policies as assessed by the private sector. In part this can be explained by the fact that the prospect of EU accession makes GATS less relevant as a commitment device for a subset of transition economies. But for many of the non-EU accession candidates, the WTO seems to be a weak commitment device. One explanation is that the small size of the markets concerned generates weak external enforcement incentives. The authors' findings suggest greater collective investment by WTO members in monitoring and the need for transparency to increase the benefits of WTO membership to small countries.
Author: Felix Eschenbach
Publisher:
ISBN:
Category :
Languages : en
Pages : 26
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Book Description
The authors analyze the extent to which the EU-15 and 16 transition economies used the WTO General Agreement on Trade in Services (GATS) to commit to service sector policy reforms. They compare GATS commitments with the evolution of actual policy stances over time. While there is substantial variance across transition economies on both actual policies and GATS commitments, the authors find an inverse relationship between the depth of GATS commitments and the quality of actual services policies as assessed by the private sector. In part this can be explained by the fact that the prospect of EU accession makes GATS less relevant as a commitment device for a subset of transition economies. But for many of the non-EU accession candidates, the WTO seems to be a weak commitment device. One explanation is that the small size of the markets concerned generates weak external enforcement incentives. The authors' findings suggest greater collective investment by WTO members in monitoring and the need for transparency to increase the benefits of WTO membership to small countries.
Author: Donnacha O Beachain
Publisher: Routledge
ISBN: 1136299815
Category : Social Science
Languages : en
Pages : 258
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Book Description
This book examines how membership of the European Union has affected life in the ten former communist countries of Eastern Europe that are now members of the European Union. For each country, political, economic and social changes are described and discussed, together with people’s perceptions of the effects of EU membership. Overall, the book shows how the benefits of EU membership have differed between different countries, and how perceptions about the benefits also differ and have changed over time.
Author: Daniel Piazolo
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
For several countries during a transition process economic and institutional reforms are frequently implemented in an inconsistent way. The prospect of EU membership require and facility reforms and thereby leads to increased government credibility. This contribution derives an estimate of the potential growth effect resulting from improved economic institutions through EU membership. This growth effect consists of a "static“ growth bonus of 12 per cent GDP (not accounting for induced capital accumulation) and an additional “dynamic” growth bonus of 24 percent. This can be regarded as a rule-of-thump approximation of the significance of EU integration for the transition countries.
Author: V. Balasubramanyam
Publisher: Springer
ISBN: 0333978005
Category : Business & Economics
Languages : en
Pages : 305
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Book Description
This book offers a comparative study of the Central and Eastern European and Turkish economies that analyses the implications of EU enlargement. The contributors discuss issues related to the creation of a legal infrastructure that encourages entrepreneurial initiative, fair competition, market forces and investor confidence. They assess the benefits of following prudent monetary and fiscal policies together with appropriate competition, trade and foreign direct investment policies in Turkey and Central and Eastern Europe.
