| EU Enlargement and Its Macroeconomic Effects in Eastern Europe: Currencies, Prices, Investment and Competitiveness 1999 Edition Contributor(s): Gabrisch, H. (Editor), Pohl, R. (Editor) |
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ISBN: 0312220405 ISBN-13: 9780312220402 Publisher: Palgrave MacMillan OUR PRICE: $104.49 Product Type: Hardcover - Other Formats Published: April 1999 Annotation: The contributors to this volume discuss the lack of competitiveness of Eastern countries and their need for structural adjustment. The main issues considered are the problem of price convergence in integrated markets, the positive approach to foreign capital inflows, the problem of the current account deficit and the direction of strucural change. The book consists of a wide range of theoretical approaches--from supply-side to more demand-side orientations. |
| Additional Information |
| BISAC Categories: - Business & Economics | International - Economics - Business & Economics | Economics - Macroeconomics - Business & Economics | Money & Monetary Policy |
| Dewey: 337.404 |
| LCCN: 98037121 |
| Series: Studies in Economic Transition |
| Physical Information: 0.94" H x 5.68" W x 8.85" (1.11 lbs) 227 pages |
| Themes: - Cultural Region - Eastern Europe |
| Descriptions, Reviews, Etc. |
| Publisher Description: 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. |