2004IntereconomicsOpen access

How will the enlargement affect the old members of the European Union?

Konrad Lammers

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Abstract

The recent enlargement of the European Union by ten countries has changed the framework for economic activities in Europe. This article sheds some light on the resulting macro effects on the old member states and discusses the distribution effects both between the incumbent countries and within these countries as well as the respective adjustment requirements. In conclusion a rough assessment is made of the future growth performance of the enlarged EU.

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The recent enlargement of the European Union by ten countries has changed the framework for economic activities in Europe. This article sheds some light on the resulting macro effects on the old member states and discusses the distribution effects both between the incumbent countries and within these countries as well as the respective adjustment requirements. In conclusion a rough assessment is made of the future growth performance of the enlarged EU.

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Available abstract

The recent enlargement of the European Union by ten countries has changed the framework for economic activities in Europe. This article sheds some light on the resulting macro effects on the old member states and discusses the distribution effects both between the incumbent countries and within these countries as well as the respective adjustment requirements. In conclusion a rough assessment is made of the future growth performance of the enlarged EU.

Key concepts: Resizing, European union, European integration, Member states, Affect (linguistics), Macro, Social policy, International economics

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