The Eastward Enlargement of the Eurozone - State of the Art Report
European Monetary Union (EMU) and its enlargement to prospective members in central and eastern Europe is a politically highly desired process, given that everything works out smoothly. The future eurozone will show a much higher degree of heterogeneity than now. The CEEC are in the process of transition from a planned to a market economy. Despite considerable progress during the past decade, much remains to be done in economic, social, and political terms. However, it is important to note that monetary integration is not a stand alone project, but is preceded by the EU enlargement and its obligation to adopt the acquis communautaire. Both events will be mutually reinforcing: The acquis contains numerous rules and institutions to be followed or created by the prospective members, albeit enforcement will be a problem. The success of the eastward enlargement of the eurozone depends on these institutions and, thus, increases the costs of failure. On the other hand, a successfully introduced euro in the CEEC will facilitate the whole integration process.
|Date of creation:||01 Jan 2002|
|Date of revision:||01 Jan 2002|
|Contact details of provider:|| Postal: Jean Monnet Centre of Excellence, Freie Universität Berlin, Ihnestrasse 22, D-14195 Berlin|
Web page: http://www.jmc-berlin.org
More information through EDIRC
|Order Information:|| Email: |
References listed on IDEAS
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.:
- Abraham, Filip, 1999. "A Policy Perspective on European Unemployment," Scottish Journal of Political Economy, Scottish Economic Society, vol. 46(4), pages 350-66, September.
- Oatley, Thomas & Nabors, Robert, 1998. "Redistributive Cooperation: Market Failure, Wealth Transfers, and the Basle Accord," International Organization, Cambridge University Press, vol. 52(01), pages 35-54, December.
- Grossman, G.M. & Helpman, E., 1992.
"Protection for Sale,"
21-92, Tel Aviv.
- Grossman, Gene & Helpman, Elhanan, 1993. "Protection for Sale," CEPR Discussion Papers 827, C.E.P.R. Discussion Papers.
- Gene M. Grossman & Elhanan Helpman, 1992. "Protection For Sale," NBER Working Papers 4149, National Bureau of Economic Research, Inc.
- Grossman, G.M. & Helpman, E., 1992. "Protection for Sale," Papers 162, Princeton, Woodrow Wilson School - Public and International Affairs.
- Wilthagen, Ton, 1998. "Flexicurity: A new paradigm for labour market policy reform?," Discussion Papers, Research Unit: Labor Market Policy and Employment FS I 98-202, Social Science Research Center Berlin (WZB).
- Hans-Werner Sinn, 2000.
"EU Enlargement and the Future of the Welfare State,"
CESifo Working Paper Series
307, CESifo Group Munich.
- Sinn, Hans-Werner, 2002. "EU Enlargement and the Future of the Welfare State," Scottish Journal of Political Economy, Scottish Economic Society, vol. 49(1), pages 104-15, February.
- Sinn, Hans-Werner, 2002. "EU enlargement and the future of the welfare state," Munich Reprints in Economics 19736, University of Munich, Department of Economics.
- Kandogan, Yener, 2000. "Political economy of eastern enlargement of the European Union: Budgetary costs and reforms in voting rules," European Journal of Political Economy, Elsevier, vol. 16(4), pages 685-705, November.
- Frieden, Jeffry A., 1991. "Invested interests: the politics of national economic policies in a world of global finance," International Organization, Cambridge University Press, vol. 45(04), pages 425-451, September.
- Heinemann, Friedrich, 2003.
"The political economy of EU enlargement and the Treaty of Nice,"
European Journal of Political Economy,
Elsevier, vol. 19(1), pages 17-31, March.
- Heinemann, Friedrich, 2000. "The political economy of EU enlargement and the Treaty of Nice," ZEW Discussion Papers 00-43, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
- Fischer, Ronald D., 2001. "The evolution of inequality after trade liberalization," Journal of Development Economics, Elsevier, vol. 66(2), pages 555-579, December.
- Peter Spencer, 2001. "E-money: Will it Take Off?," World Economics, World Economics, Economic & Financial Publishing, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE, vol. 2(1), pages 121-136, January.
- Skaksen, Mette Yde & Sorensen, Jan Rose, 2001. "Should trade unions appreciate foreign direct investment," Journal of International Economics, Elsevier, vol. 55(2), pages 379-390, December.
- Kittel, Bernhard, 2002. "EMU, EU enlargement, and the European Social Model: Trends, challenges, and questions," MPIfG Working Paper 02/1, Max Planck Institute for the Study of Societies.
- Tito Boeri & Joaquim Oliveira Martins, 2000.
"Varieties, Jobs and EU Enlargement,"
William Davidson Institute Working Papers Series
301, William Davidson Institute at the University of Michigan.
- Michael Bolle & Christian Fahrholz & Hanns-D. Jacobsen & Thomas Meyer, 2001.
"New Risks Ahead:The Eastward Enlargement of the Eurozone,"
Eastward Enlargement of the Euro-zone Working Papers
wp01, Free University Berlin, Jean Monnet Centre of Excellence, revised 01 Aug 2001.
- Michael Bolle & Hanns-Dieter Jacobsen, 2001. "New risks ahead: The eastward enlargement of the Eurozone," Intereconomics: Review of European Economic Policy, Springer;German National Library of Economics;Centre for European Policy Studies (CEPS), vol. 36(6), pages 298-304, November.
- Christian Keller & Peter S. Heller, 2001. "Social Sector Reform in Transition Countries," IMF Working Papers 01/35, International Monetary Fund.
- Soskice, David, 1999. "The political economy of EMU: rethinking the effects of monetary integration on Europe," Discussion Papers, Research Unit: Economic Change and Employment FS I 99-302, Social Science Research Center Berlin (WZB).
- Putnam, Robert D., 1988. "Diplomacy and domestic politics: the logic of two-level games," International Organization, Cambridge University Press, vol. 42(03), pages 427-460, June.
- Hans-Werner Sinn, 2001.
"Social Dumping in the Transformation Process,"
CESifo Working Paper Series
508, CESifo Group Munich.
- Mark Schaffer & Gerard Turley, 2000.
"Effective versus Statutory Taxation: Measuring Effective Tax Administration in Transition Economies,"
CERT Discussion Papers
0008, Centre for Economic Reform and Transformation, Heriot Watt University.
- Mark E. Schaffer & Gerard Turley, 2000. "Effective versus Statutory Taxation: Measuring Effective Tax Administration in Transition Economies," William Davidson Institute Working Papers Series 347, William Davidson Institute at the University of Michigan.
- Alt, James E. & Carlsen, Fredrik & Heum, Per & Johansen, Kåre, 1999. "Asset Specificity and the Political Behavior of Firms: Lobbying for Subsidies in Norway," International Organization, Cambridge University Press, vol. 53(01), pages 99-116, December.
- Facchini, Giovanni & Willmann, Gerald, 2005. "The political economy of international factor mobility," Journal of International Economics, Elsevier, vol. 67(1), pages 201-219, September.
- Richard E. Baldwin & Joseph F. Francois & Richard Portes, 1997. "The costs and benefits of eastern enlargement: the impact on the EU and central Europe," Economic Policy, CEPR;CES;MSH, vol. 12(24), pages 125-176, 04.
When requesting a correction, please mention this item's handle: RePEc:ezo:ezppap:wp02. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Stefan Hohenberger)
If references are entirely missing, you can add them using this form.