Five Years of an Enlarged EU

A Positive Sum Game

Business & Finance, Economics, International Economics, Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Policy
Cover of the book Five Years of an Enlarged EU by , Springer Berlin Heidelberg
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: ISBN: 9783642125164
Publisher: Springer Berlin Heidelberg Publication: July 23, 2010
Imprint: Springer Language: English
Author:
ISBN: 9783642125164
Publisher: Springer Berlin Heidelberg
Publication: July 23, 2010
Imprint: Springer
Language: English

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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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.

More books from Springer Berlin Heidelberg

Cover of the book Ebene Flächentragwerke by
Cover of the book Active Implants and Scaffolds for Tissue Regeneration by
Cover of the book Generic Systems Engineering by
Cover of the book The Research Report on Application of Low-carbon Technology in Expo 2010 Shanghai by
Cover of the book Low-carbon City and New-type Urbanization by
Cover of the book The History and Science of the Manhattan Project by
Cover of the book Third International Conference on System Science in Health Care by
Cover of the book Indicators and Trends in Health and Health Care by
Cover of the book Essays on Economic Psychology by
Cover of the book The Effects of Whole-Body Vibration by
Cover of the book Reviews of Physiology, Biochemistry and Pharmacology 156 by
Cover of the book Springer Handbook of Speech Processing by
Cover of the book Parallel Programming by
Cover of the book Executive Control and the Frontal Lobe: Current Issues by
Cover of the book Tragwerke 1 by
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy