The enlargement of the European Union towards the East from May
2004 has generated an increase of about 100 million inhabitants in
the EU population, and has especially brought along major
challenges and important opportunities both for the "new" countries
and for the "old" member states. That is the main focus of this
volume, which is divided into three sections. The first analyses
the effects of the enlargement on the functioning of Community
institutions, on the relations with the other Eastern European
countries, and finally on regional and global economic dynamics;
the second section analyses in detail the role of the monetary
politics of the European Central Bank and the activities of the
European Bank for Reconstruction and Development; and the third
deals with the importance of the entrepreneurial class in ensuring
the success of the transition process of the Eastern European
economies.
General
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