Five years of an enlarged EU

By Filip Keereman

Subjects: Foreign economic relations, European union countries, economic conditions, Europe, economic integration, Europe, foreign economic relations, Economic conditions, European Union, Politics and government, European union countries, economic policy, Wirtschaftliche Integration, European union, Economic integration, European union countries, politics and government, Erweiterung, European union countries, foreign economic relations, Economic policy

Description: "This book analyzes the economic performance of the EU in the first five years after its largest expansion in 2004. Accession and integration were expected to foster growth and convergence among the new Member States through intensified trade, foreign direct investment, financial deepening and the adoption of EU's institutional framework. With the benefit of five years experience, this book brings together experts from academia and think-tanks to assess the driving forces of economic growth and real convergence. The question whether the EU has made a difference in terms of growth is studied thoroughly from various angles, including that of country-specific and sector-specific analysis. It is shown that while the enlargement has been a success story overall, growth and catching-up cannot be taken for granted and the importance of economic policy remains undiminished."--P. [4] of cover.