Eu Enlargement : Currencies, Prices, Investment and Competitiveness
Book Details
Format
Hardback or Cased Book
Book Series
Studies in Economic Transition
ISBN-10
0333735498
ISBN-13
9780333735497
Publisher
Palgrave Macmillan
Imprint
Palgrave Macmillan
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Jan 29th, 1999
Print length
227 Pages
Product Classification:
EuropePolitics & governmentPolitics and governmentMacroeconomicsInternational economics
Ksh 16,200.00
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What will joining the EU mean for the new Eastern member states and their economies? 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.
What will joining the EU mean for the new Eastern member states and their economies? This book 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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