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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. Copyright (c) Blackwell Publishing Ltd 2003.

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
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    References listed on IDEAS

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    1. Lains, Pedro, 2003. "Catching up to the European core: Portuguese economic growth, 1910-1990," Explorations in Economic History, Elsevier, vol. 40(4), pages 369-386, October.
    2. Bernard G. Funck & Lodovico Pizzati, 2003. "European Integration, Regional Policy, and Growth," World Bank Publications, The World Bank, number 15144.
    3. Gropp, Reint & Kostial, Kristina, 2000. "The disappearing tax base: is foreign direct investment eroding corporate income taxes?," Working Paper Series 0031, European Central Bank.
    4. Branson, William H, 1990. "Financial Market Integration, Macroeconomic Policy and the EMS," CEPR Discussion Papers 385, C.E.P.R. Discussion Papers.
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    Cited by:

    1. 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.
    2. 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.
    3. Shankar, Raja & Shah, Anwar, 2009. "Lessons from European Union policies for regional development," Policy Research Working Paper Series 4977, The World Bank.
    4. Sebastian Dellepiane-Avellaneda & Niamh Hardiman, 2015. "Paying for the Welfare State in the European Periphery," Working Papers 201520, Geary Institute, University College Dublin.
    5. Ashoka Mody & Franziska L Ohnsorge, 2007. "Can Domestic Policies Influence Inflation?," IMF Working Papers 07/257, International Monetary Fund.
    6. World Bank, 2008. "Tunisia's Global Integration : Second Generation of Reforms to Boost Growth and Employment," World Bank Other Operational Studies 7893, The World Bank.
    7. 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.
    8. World Bank, 2009. "Tunisia's Global Integration : A Second Generation of Reforms to Boost Growth and Employment," World Bank Publications, The World Bank, number 6298.
    9. 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.
    10. Butkus Mindaugas & Matuzevičiūtė Kristina, 2016. "Evaluation of Eu Cohesion Policy Impact on Regional Convergence: Do Culture Differences Matter?," Economics and Culture, De Gruyter Open, vol. 13(1), pages 41-52, June.
    11. 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).
    12. Barry, Frank, 2004. "Export-platform foreign direct investment: the Irish experience," EIB Papers 6/2004, European Investment Bank, Economics Department.
    13. Frank Barry, Trinity College Dublin, 2009. "Politics and Fiscal Policy under Lemass: A Theoretical Appraisal," The Institute for International Integration Studies Discussion Paper Series iiisdp292, IIIS.
    14. 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.
    15. 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.
    16. Francis M. Kemegue, 2009. "Pattern of Interdependence of Aggregate FDI from the Same Source Country," Working Papers 200928, University of Pretoria, Department of Economics.
    17. Kaminski, Bartlomiej, 2006. "Bulgaria's institutions and policies : integrating into Pan-European markets," Policy Research Working Paper Series 3864, The World Bank.

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