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Eastern Enlargement of the European Union: Sour Grapes or Sweet Lemon?

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Protection of the Single European Market, monetary union, institutional and policy reform, as well as enlargement are hot topics in the European Union. This article considers the economic dimension of the forthcoming enlargement of the European Union. Ten countries with economies in transition (Bulgaria, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Siovakia and Slovenia), and two market economies (Cyprus and Malta) negotiate fuil membership with the European Union. Although there are general grounds for the enlargement, the process will be much slower than expected by the politicians in both the European Union and the acceding countries. The reasons for such conclusion include increasing standards that come from the ever-growing acquis communautaire which are costly to introduce, implement and enforce, but enlargement will take piace for political reasons.

Suggested Citation

  • Jovanović , Miroslav N., 2000. "Eastern Enlargement of the European Union: Sour Grapes or Sweet Lemon?," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 53(4), pages 507-536.
  • Handle: RePEc:ris:ecoint:0234
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    Cited by:

    1. Jovanovic, Miroslav & Damnjanovic, Jelena & Njegic, Jovan, 2018. "Among the Central and Eastern European Countries of the European Union, who Gained and who Lost?," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 71(3), pages 317-370.
    2. Kaminski, Bartlomiej, 2001. "How accession to the European Union has affected external trade and foreign direct investment in Central European economies," Policy Research Working Paper Series 2578, The World Bank.

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    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration

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