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EU Enlargement and its Macroeconomic Effects in Eastern Europe - Currencies, Prices, Investment and Competitiveness (Hardcover)
Loot Price: R3,173
Discovery Miles 31 730
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EU Enlargement and its Macroeconomic Effects in Eastern Europe - Currencies, Prices, Investment and Competitiveness (Hardcover)
Series: Studies in Economic Transition
Expected to ship within 12 - 17 working days
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Total price: R3,193
Discovery Miles: 31 930
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What will joining the EU mean for the new eastern member states and
their economies? This text offers a detailed study of the
macroeconomic and structural adjustment burden. It envisages a real
currency appreciation stemming from price convergence, capital
inflows and weak structural change. The widespread belief that an
Eastern enlargement of the Union would be overwhelmingly to the
detriment of the present EU (budgetary costs, locational decisions,
trade deficits) is rejected. The authors discuss the lack of
competitiveness of Eastern countries and their need for structural
adjustments (in the financial sector, in agriculture, and in
manufacturing) in order for them to survive and thrive in their new
economic environment.
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