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System Change in Central and Eastern European Countries and Their EU Integration

In: THE EU'S EASTWARD ENLARGEMENT Central and Eastern Europe's Strategies for Development

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  • Yoji Koyama

Abstract

In the 21st century the European Union (EU) spatially enlarged itself eastward. In May 2004, eight countries from Central and Eastern Europe (CEE) and two Mediterranean island countries joined the EU. In January 2007 Romania and Bulgaria joined the EU. In July 2013 Croatia joined the EU. The number of the member states increased to 28. With its population of about 500 million, the EU has huge economic power comparable to that of the USA. It is expected that the Western Balkan countries will be admitted to the EU in five to 10 years. However, the global financial crisis in 2008–2009 revealed that the EU has serious problems. The EU, the Eurozone in particular, has been shaken by the Greek crisis, which surfaced in autumn 2009, and the subsequent crises in Southern Europe such as Spain, Portugal and Italy…

Suggested Citation

  • Yoji Koyama, 2015. "System Change in Central and Eastern European Countries and Their EU Integration," World Scientific Book Chapters, in: THE EU'S EASTWARD ENLARGEMENT Central and Eastern Europe's Strategies for Development, chapter 2, pages 19-53, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789814602464_0002
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