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European Union enlargement: An historic milestone in the process of European integration

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  • Nicholas Baltas

Abstract

Ten European countries with economies in transition and two market economies are negotiating full membership with the European Union. This paper considers the economic dimension of the forthcoming enlargement of the European Union, especially on the characteristics of the economies in transition and on the economic implications of the enlargement for European Union agriculture. The transition of the central and eastern European countries from a centrally planned to a market economy, although already in progress for a decade, is far from complete. Uneven macroeconomic developments in the various countries can be attributed to some extent to their individual situation at the start of the transformation. However, they also reflect the varying extent to which institutional reform programs have been implemented in these countries. Copyright International Atlantic Economic Society 2001

Suggested Citation

  • Nicholas Baltas, 2001. "European Union enlargement: An historic milestone in the process of European integration," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 29(3), pages 254-265, September.
  • Handle: RePEc:kap:atlecj:v:29:y:2001:i:3:p:254-265
    DOI: 10.1007/BF02300547
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