Fritz Breuss
Abstract
A reassessment of the economic effects of Austria's EU membership after 15 years yields a positive result. Real GDP has been boosted by 0.6 percent per year. Taking together all integration moves (opening of Eastern Europe, EU accession, EMU membership, EU enlargement), real GDP increased by an overall 0.9 percent per year.
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A reassessment of the economic effects of Austria's EU membership after 15 years yields a positive result. Real GDP has been boosted by 0.6 percent per year. Taking together all integration moves (opening of Eastern Europe, EU accession, EMU membership, EU enlargement), real GDP increased by an overall 0.9 percent per year.
Key concepts: Resizing, Accession, Member states, Currency, Common currency, Single market, Economic integration, Convergence (economics)