How Accession To The European Union Has Affected External Trade And Forigen Direct Investment In Central European Economics
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| Author | : Bartłomiej Kamiński |
| Publisher | : World Bank Publications |
| Total Pages | : 50 |
| Release | : 2001 |
| Genre | : Europe |
| ISBN | : |
During the Central European countries' reintegration into the world economy, their proximity and accession to the European Union greatly affected first the flow of capital and then the flow of goods. Countries that adopted radical liberal reform and had preferential access to EU markets have benefited most, attracting foreign direct investment and drawing multinational corporations relocating their production sites.
| Author | : Bartlomiej Kaminski |
| Publisher | : |
| Total Pages | : 44 |
| Release | : 2016 |
| Genre | : |
| ISBN | : |
During the Central European countries' reintegration into the world economy, their proximity and accession to the European Union greatly affected first the flow of capital and then the flow of goods. Countries that adopted radical liberal reform and had preferential access to EU markets have benefited most, attracting foreign direct investment and drawing multinational corporations relocating their production sites.The collapse of central planning set in motion the reintegration of the Central European countries into the world economy. The European Union, because of its proximity, economic weight, and policy-induced deep integration, has shaped these countries' politics and economics. The process of accession to the EU - which began with the signing of the European Association Agreements in 1991 - has influenced their economic institutions, policies, and performance.Kaminski traces the emerging architecture of commercial relations in Europe and argues that the accession process had its greatest impact first on capital flows and later on goods flows.The countries that have benefited most from accession are those that followed the path of radical liberal reform. Radical liberal reform, combined with preferential access to EU markets, attracted foreign direct investment.The European Union provided an outlet initially for Central European countries' unskilled-labor-intensive products and more recently for skilled-labor-intensive and technology-based products.Knowledge-intensive imports from the European Union have also contributed to industrial realignment in the Central European countries. The prospect of accession and, since 1998, unfettered access to EU markets for industrial products has given a boost to multinationals relocating production in these countries.An earlier version of this paper - a product of Trade, Development Research Group - was presented at the quot;Prague 2000 Accessionquot; session at the annual meetings of the International Monetary Fund and World Bank in Prague in September 2000. The author may be contacted at [email protected].
| Author | : Peter Nijkamp |
| Publisher | : Routledge |
| Total Pages | : 480 |
| Release | : 2017-11-30 |
| Genre | : Science |
| ISBN | : 1351776533 |
This title was first published in 2003. Since 1990, Central and Eastern European countries have experienced increased economic integration with the European Union. The spatial implications of this process have been little investigated so far. Have patterns of regional specialization and industrial concentration changed during the 1990s? How does regional specialization relate to economic performance? How has access to Western markets affected the regional wage structure? What types of regions are winners and what types of regions are losers? This book poses and answers such policy relevant questions. It is organized into three parts. The first introduces the main features of economic integration and transition processes in Central and Eastern Europe and discusses the theoretical and methodological framework of the research. The second part examines the cases of five countries: Bulgaria, Estonia, Hungary, Romania and Slovenia, and the final part includes three comparative analyses which explain the underlying factors that determine the changing patterns of location of manufacturing activity, the adjustment pattern of regional wages and adaptation processes in border regions in the five countries.
| Author | : David Turnock |
| Publisher | : Routledge |
| Total Pages | : 393 |
| Release | : 2017-11-28 |
| Genre | : Science |
| ISBN | : 1351158104 |
With the achievement of further EU and NATO enlargement, a critical political and economic lens is now focused on East Central Europe and, to a lesser extent, the other former communist states. Economic growth in each transition state - and more broadly the region - pivots around the prospects for foreign direct investment (FDI), with decisions on where foreign investors will locate their projects now vitally important. This book - the first one devoted to a geographical survey concentrating specifically on FDI in the region - brings together a wide range of prominent authors from the US and Europe, including the late Frank Carter, to provide a timely and critical examination of the importance of foreign investment. It presents a detailed analysis of location patterns and their significance for regional development, with particular emphasis given to the important socioeconomic and political consequences of uneven distribution of FDI across the region and its constituent countries. Divided into two parts, the book first deals with general overarching themes and issues before applying these to more specific country case studies. The second part deals with regional studies, focusing broadly on the Western Balkans and Bulgaria, before looking at specific economic sectors in individual countries.
| Author | : Ben Slay |
| Publisher | : Routledge |
| Total Pages | : 307 |
| Release | : 2017-11-30 |
| Genre | : Business & Economics |
| ISBN | : 1351162594 |
The post-communist Central European and Baltic economies are now approaching the end of their transitions to well-functioning market systems. In some respects, the approaching EU accession and conclusion of the transition marks the end of a fascinating period in economic history. Beyond Transition focuses on the economic problems and issues facing Central Europe and the Baltics, the Balkans, and countries belonging to the Commonwealth for Independent States (CIS) in the post-transition context. This focus reflects the need to better understand two processes that are increasingly apparent in the post-communist economic space. First, many of the problems now facing policy makers in post-communist economies - choice of exchange rate regime, tax reform, labour market regulation, improving corporate governance - also face policy makers in developed and developing countries in other parts of the world. Second, the EU's eastern enlargement and the policy agendas facing the first wave accession candidates have major implications for the CIS and Balkan countries that have not been (and may never be) invited to join this process.
| Author | : Filip Keereman |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 275 |
| Release | : 2010-07-23 |
| Genre | : Business & Economics |
| ISBN | : 3642125166 |
The Fifth Enlargement that took place in 2004 and 2007 was a milestone in the history of the European Union. Not only because of the large number of acceding countries but also because of their recent political and economic experience. Ten of them had undergone a profound transition from a totalitarian regime to democracy, and from a centrally planned economy to a market-based system. Most of them had income levels signi?cantly below those of the then EU-15. Now, 6 years later, we can clearly see that the process of European integration, both before and after 2004, was what enabled Europe to overcome the gaps between various parts of the continent. The enlargement made Europe a better and wealthier place and streng- ened its position in the world. Integration into the European Union has always been one of the strongest incentives for reform in the new Member States. Particularly important in my view have been the development of ?nancial markets through foreign direct investment and capital in?ows, and the opening of labour markets – which was a two-way phenomenon, with markets being opened up in acceding as well as the incumbent Member States. The Fifth Enlargement was thus an exercise of glo- lisation in miniature, a practice run for the Union to tackle the challenges of the ever smaller world.
| Author | : Edward M. Graham |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 342 |
| Release | : 2005-12-03 |
| Genre | : Political Science |
| ISBN | : 3540290478 |
Edward M. Graham, Nina Oding and Paul J. J. Welfens Eastern Europe and the former Soviet Union have achieved sustained economic growth in first half of the new decade in the 2V^ century. EU ac cession countries which have joined the EU have benefited mainly from high capital inflows, a reduced risk premium - with shadow effects of this already occurring in the years before explicit membership - and growing trade. While system transformation has undermined trade between Eastern Europe and Russia for several years there are medium prospects for grow ing trade in the whole of Europe. Russia's case, however, is different from the EU accession countries as a major driving force of economic dynamics is the oil and gas sector which has considerable backward and forward linkages. At the same time this sector apparently is politically quite sensi tive. The Transatlantic Transformation and Economic Development Re search Group has organized several workshops within a major interna tional research project. The project is devoted to analyzing the internatio nalization of the Russian economy and the associated changes in major policy fields. This book contains the revised analytical papers from the St. Petersburg conference in 2003 when the city celebrated its 300 year anniversary. We are very grateful to the Leontief Center for excellent organization of the conference. The paper by Paul J. J.
| Author | : Michael Bradshaw |
| Publisher | : Routledge |
| Total Pages | : 287 |
| Release | : 2016-04-15 |
| Genre | : Science |
| ISBN | : 1317905024 |
A comprehensive introduction to the important economic, social and political processes and development issues in this increasingly popular area of study. Employing a groundbreaking thematic approach the book centres its discussion on the interrelation between contemporary development theories and continuing transition issues in this huge and complex region.
| Author | : Gian Antonio Benacchio |
| Publisher | : Central European University Press |
| Total Pages | : 324 |
| Release | : 2005-01-01 |
| Genre | : Law |
| ISBN | : 9637326340 |
The first of a series on European Union Law, it provides a detailed overview of the development of a new European Common Law. The authors deal with the transposition of concepts and the problem of translation. Each chapter is accompanied by a bibliography in Italian as well as in English, French and German suggesting further reading in each area.
| Author | : Frank Schimmelfennig |
| Publisher | : Routledge |
| Total Pages | : 316 |
| Release | : 2005-11-16 |
| Genre | : Political Science |
| ISBN | : 1134234260 |
This is a key reference text presenting the latest first-rate approaches to the study of European enlargement. Developed and significantly expanded from a special issue of the leading Journal of European Public Policy, this new volume draws on the insights from the recently emerging theoretically-informed literature on the EU's eastern enlargement and complements these studies with original articles that combine a theoretical approach with comparative analyses. These expert contributors focus on the broader theoretical debates and their implications for the enlargement of the EU, as well as placing the enlargement of the EU within the broader context of the expansion of international organisations and the study of institutions in international relations.
