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Convergence in the EU

Author

Listed:
  • Annette Bongardt
  • Francisco Torres
  • Carsten Hefeker
  • Pierre Wunsch
  • Christoph Hermann

Abstract

The EU has long viewed economic and institutional convergence as important goals, but the results thus far have been decidedly mixed, and there remain several open questions: How exactly should convergence be defined? How much convergence is necessary? What steps can be taken to improve convergence in the EU, and how can success be defined? Finally, how much convergence can be achieved by improving the economic performance in underperforming regions, and how can convergence in the form of harmonisation towards lower welfare levels be avoided? Copyright ZBW and Springer-Verlag Berlin Heidelberg 2013

Suggested Citation

  • Annette Bongardt & Francisco Torres & Carsten Hefeker & Pierre Wunsch & Christoph Hermann, 2013. "Convergence in the EU," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 48(2), pages 72-92, March.
    • Handle: RePEc:spr:intere:v:48:y:2013:i:2:p:72-92
    DOI: 10.1007/s10272-013-0448-9
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    Citations

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    Cited by:

    1. Francisco Torres, 2007. "A convergência para a União Económica e Monetária: objectivo nacional ou constrangimento externo?," NIPE Working Papers 21/2007, NIPE - Universidade do Minho.
    2. Peter Gottfried, 2021. "Thoughts on the Dilemma of When to Introduce the Euro in Hungary," Financial and Economic Review, Magyar Nemzeti Bank (Central Bank of Hungary), vol. 20(3), pages 110-126.
    3. Petr Rozmahel & Ladislava Issever Grochová & Marek Litzman, 2014. "The Effect of Asymmetries in Fiscal Policy Conducts on Business Cycle Correlation in the EU. WWWforEurope Working Paper No. 62," WIFO Studies, WIFO, number 47249, April.
    4. Gheorghe ZAMAN & Zizi GOSCHIN, 2016. "A New Multidimensional Ranking of Shadow Economy for EU Countries," Romanian Journal of Economics, Institute of National Economy, vol. 43(2(52)), pages 14-33, december.
    5. Beyaert, Arielle & García-Solanes, José & Lopez-Gomez, Laura, 2019. "Do institutions of the euro area converge?," Economic Systems, Elsevier, vol. 43(3).

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