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Macroeconomic Effects In the Acceding Countries

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Author Info
Marilena Giannetti
Abstract

Some of the concerns about European Union enlargement include the effects that it might have on the economies of the incumbent countries and on the Budget of the Union. Entering an Economic and Monetary Union is not a free lunch for the acceding countries either. In this paper we analyse how the restructuring process of the CEE's economies that started with the fall of the Berlin Wall and that is made even more urgent by their willingness to acquire the full membership of the European Union affect these countries. We also show that EU membership can, paradoxically, reduce the speed of transition by introducing constraints on the use of economic policy instruments.

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File URL: http://dep.eco.uniroma1.it/docs/working_papers/Wp87.pdf
File Format: application/pdf
File Function: First version, 2005
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Publisher Info
Paper provided by Sapienza University of Rome, Department of Public Economics in its series Working Papers with number 87.

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Length: 49 pages
Date of creation: Aug 2005
Date of revision:
Handle: RePEc:sap:wpaper:87

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Related research
Keywords: EU enlargement; CEECs; public spending.;

Find related papers by JEL classification:
F02 - International Economics - - General - - - International Economic Order; Noneconomic International Organizations;; Economic Integration and Globalization: General
F40 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - General
C62 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming - - - Existence and Stability Conditions of Equilibrium

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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Chadha, Bankim & Coricelli, Fabrizio, 1994. "Fiscal Constraints and the Speed of Transition," CEPR Discussion Papers 993, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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  2. Burda, Michael C, 1998. "The Consequences of EU Enlargement for Central and Eastern European Labour Markets," CEPR Discussion Papers 1881, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
  3. Bruno Merlevede & Joseph Plasmans & Bas van Aarle, 2003. "A Small Macroeconomic Model of the EU-Accession Countries," Open Economies Review, Springer, vol. 14(3), pages 221-250, July. [Downloadable!] (restricted)
  4. Ben J. Heijdra & Christian Keuschnigg & Wilhelm Kohler, 2001. "Eastern enlargement of the EU: Jobs, investment and welfare in present member countries," Economics working papers 2001-11, Department of Economics, Johannes Kepler University Linz, Austria. [Downloadable!]
    Other versions:
  5. Gandolfo, Giancarlo & Padoan, Pietro Carlo, 1990. "The Italian continuous time model : Theory and empirical results," Economic Modelling, Elsevier, vol. 7(2), pages 91-132, April. [Downloadable!] (restricted)
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