This paper givers a motivation and a mothod for a fast intergration of the reforming countries of central Europe into the European union. The motivation is based on a model of self-fulfilling prophecies where the expectation of entry can trigger the coordination of expectations towards a fast-growth, catch-up equilibrium, and help central Europe avoid the stagnation equilibrium. The method is a set of conditions and a target date which ensure that the new members will not destabilize the Union but contribute to its development.
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Paper provided by Notre-Dame de la Paix, Sciences Economiques et Sociales in its series Papers with number
29.
Length: 21 pages Date of creation: 1996 Date of revision: Handle: RePEc:fth:nodapa:29
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