Michael Landesmann

István P. Székely

This edited volume analyses the channels through which EU membership contributed to the convergence process of member countries in the Baltics, Central-Eastern and South-Eastern Europe. These channels include trade, investment, finance, labour, and laws and institutions. Global integration has certainly played an important role. A large part of FDI flows and financial integration in the world have been persistent features of globalization. Have these countries experienced more intensive integration through these channels because of EU membership, with its much tighter institutional and political anchorage, than their fundamentals and global trends would suggest? Contributions by lead researchers of the area address different aspects of this question. .

Channels of Interaction

Does EU Membership Facilitate Convergence? The Experience of the EU's Eastern Enlargement - Volume II

Barry Eichengreen

Dieter Stiefel

Edited by internationally renowned authors in the field, this book, packed full with articles by an impressive array of international contributors, examines the American and European economies; drawing comparisons between them.

Michael Landesmann

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