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Economic Integration and Convergence Processes in the EU Cohesion Countries

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  • FRANK BARRY

Abstract

This article compares the economic performance of the EU cohesion countries—Greece, Spain, Portugal and Ireland — from 1960 to the present, in order to identify the processes that have promoted or inhibited real convergence prospects at various points in time. The likely impacts of EMU in strengthening or weakening these processes are then analysed. Amongst the factors studied are labour‐market performance, macroeconomic stability and the efficacy of microeconomic policy‐making.

Suggested Citation

  • Frank Barry, 2003. "Economic Integration and Convergence Processes in the EU Cohesion Countries," Journal of Common Market Studies, Wiley Blackwell, vol. 41(5), pages 897-921, December.
    • Handle: RePEc:bla:jcmkts:v:41:y:2003:i:5:p:897-921
    DOI: 10.1111/j.1468-5965.2003.00468.x
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    1. Gyódi Kristóf & Sobolewski Maciej & Ziembiński Michał, 2017. "What Drives Price Dispersion in the European E-commerce Industry?," Central European Economic Journal, Sciendo, vol. 3(50), pages 53-71, December.
    2. Bjørndal, Trond & Lappo, Alena & Ramos, Jorge, 2015. "An economic analysis of the Portuguese fisheries sector 1960–2011," Marine Policy, Elsevier, vol. 51(C), pages 21-30.
    3. Butkus Mindaugas & Matuzevičiūtė Kristina, 2016. "Evaluation of Eu Cohesion Policy Impact on Regional Convergence: Do Culture Differences Matter?," Economics and Culture, Sciendo, vol. 13(1), pages 41-52, June.
    4. Francis M. Kemegue, 2009. "Pattern of Interdependence of Aggregate FDI from the Same Source Country," Working Papers 200928, University of Pretoria, Department of Economics.
    5. Pedro Lains, 2006. "Growth in the ‘Cohesion Countries’: the Irish tortoise and the Portuguese hare, 1979-2002," Working Papers de Economia (Economics Working Papers) 37, Departamento de Economia, Gestão e Engenharia Industrial, Universidade de Aveiro.
    6. Urmas Varblane & Priit Vahter, 2005. "An Analysis Of The Economic Convergence Process In The Transition Countries," University of Tartu - Faculty of Economics and Business Administration Working Paper Series 37, Faculty of Economics and Business Administration, University of Tartu (Estonia).
    7. George N. Magoulios & George Exarchos, 2011. "Á Comparative Analysis between the Economies of Greece and Ireland," SPOUDAI Journal of Economics and Business, SPOUDAI Journal of Economics and Business, University of Piraeus, vol. 61(3-4), pages 103-126, July - De.
    8. Shankar, Raja & Shah, Anwar, 2009. "Lessons from European Union policies for regional development," Policy Research Working Paper Series 4977, The World Bank.
    9. Frank Barry, 2004. "Export-platform foreign direct investment: the Irish experience," EIB Papers 6/2004, European Investment Bank, Economics Department.
    10. Sebastian Dellepiane-Avellaneda & Niamh Hardiman, 2015. "Paying for the Welfare State in the European Periphery," Working Papers 201520, Geary Institute, University College Dublin.
    11. Barry, Frank, 2009. "Politics and Fiscal Policy Under Lemass: A Theoretical Appraisal," The Economic and Social Review, Economic and Social Studies, vol. 40(4), pages 393-406.
    12. Mr. Ashoka Mody & Ms. Franziska L Ohnsorge, 2007. "Can Domestic Policies Influence Inflation?," IMF Working Papers 2007/257, International Monetary Fund.
    13. Kaminski, Bartlomiej, 2006. "Bulgaria's institutions and policies : integrating into Pan-European markets," Policy Research Working Paper Series 3864, The World Bank.
    14. Andrea Filippetti & Antonio Peyrache, 2013. "Is the Convergence Party Over? Labour Productivity and the Technology Gap in Europe," Journal of Common Market Studies, Wiley Blackwell, vol. 51(6), pages 1006-1022, November.
    15. Xanthippi Chapsa & Nikolaos Tabakis & Athanasios L. Athanasenas, 2018. "Investigating the Catching-Up Hypothesis Using Panel Unit Root Tests: Evidence from the PIIGS," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 250-271.
    16. Cabral, René & Castellanos-Sosa, Francisco A., 2019. "Europe's income convergence and the latest global financial crisis," Research in Economics, Elsevier, vol. 73(1), pages 23-34.
    17. Slawomir Pastuszka & Katarzyna Pastuszka, 2022. "Cohesion or In-cohesion of Economic and Social Development of the UK's Regions," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 3-18.
    18. World Bank, 2009. "Tunisia's Global Integration : A Second Generation of Reforms to Boost Growth and Employment," World Bank Publications - Books, The World Bank Group, number 6298, April.
    19. Florence Bouvet, 2010. "EMU and the dynamics of regional per capita income inequality in Europe," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 8(3), pages 323-344, September.
    20. Martin Dluhoš & Jozef Gajdoš & Zuzana Hajduová, 2019. "Reálna konvergencia logistickej výkonnosti krajín sveta, EÚ a V4 [Real Convergence of Logistics Performance of Countries of the World, EU and V4]," Politická ekonomie, Prague University of Economics and Business, vol. 2019(4), pages 406-425.
    21. Dimitar Zlatinov & Ilia Atanasov, 2021. "Absolute and Conditional Convergence: A Story about Convergence Clubs and Divergence in the EU," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 39-55.
    22. World Bank, 2008. "Tunisia's Global Integration : Second Generation of Reforms to Boost Growth and Employment," World Bank Publications - Reports 7893, The World Bank Group.

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