Institutions and Development in the EU Periphery
AbstractThose EU countries at an intermediate level of development, such as Spain, Portugal, Ireland and Greece, failed, with the exception of Ireland, to achieve convergence, despite substantial financial assistance. EU structures did not assist the heterogeneous nature of these countries. In addition, serious internal problems and institutional weaknesses contributed to a differential attraction of Foreign Direct Investment and to a failure of their domestic capital to play a more dynamic role in the developmental process of these economies.
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Bibliographic InfoArticle provided by Faculty of Economics and Business, University of Zagreb in its journal Zagreb International Review of Economics and Business.
Volume (Year): 3 (2000)
Issue (Month): 2 (November)
Postal: Zagreb International Review of Economics and Business, Faculty of Economics and Business, Trg J. F. Kennedy 6, 10000 Zagreb, Croatia.
Find related papers by JEL classification:
- F00 - International Economics - - General - - - General
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