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The effect of the milieu and the financial crisis on the economic stability of the EU Member States

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  • Emil Panusheff
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    Abstract

    The impact of international economic relations of the new EU member states are investigated. The trends of their involvement in imports and exports of goods and services are formulated, highlighting the reflection of the crisis on the state of balance of payment. The influence of the capital flows and the external financing on the economic sustainability of the newly member states is evaluated. The inflows and outflows of foreign direct investments are analyzed in view of the balance of payment status as a prerequisite for stability and to determine the effect of the global financial crisis. Conclusions are made on the sustainability of the member states to utilize the integration advantages in their interrelations with other countries and regions.

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    Bibliographic Info

    Article provided by Bulgarian Academy of Sciences - Economic Research Institute in its journal Economic Thought.

    Volume (Year): (2011)
    Issue (Month): 2 ()
    Pages: 64-80

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    Handle: RePEc:bas:econth:y:2011:i:2:p:64-80

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    1. Stefania Fabrizio & Daniel Leigh & Ashoka Mody, 2009. "The second transition: Eastern Europe in perspective," European Economy - Economic Papers 366, Directorate General Economic and Monetary Affairs (DG ECFIN), European Commission.
    2. Daniel Leigh & Stefania Fabrizio & Ashoka Mody, 2009. "The Second Transition," IMF Working Papers 09/43, International Monetary Fund.
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