The Return to Europe examines the ability of the central and south
east European economies to withstand competitive pressures on entry
to the EU. Trade with the EU largely involves the export of labour
intensive goods in exchange for human capital intensive goods. The
export structure of central European economies, which have
attracted foreign direct investment, is improving. The Balkan
economies remain dependent on exports of low-wage products. Will
this create permanent divisions in Europe, with implications for
European security?
General
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