AN ANALYSIS OF THE CONVERGENCE PROCESS IN THE EAST AND CENTRAL-EUROPEAN COUNTRIES
Daniela Traşcă
Abstract
Daniela Traşcă
Abstract
Each member state of the European Union (EU) have to write down an economic development strategy hereby attend to obtain the most opportunities which follow from this statute. As regards the economic field, the main directions must be: the convergence process, the competitiveness and the policies regarding the demography, the employment and labour market. In this paper I analyse the process of economic convergence of Central and East European countries (CEECs), before joining EU. Comparative analyses of the EU member states with the previous entrants into EU (Ireland, Greece, Spain and Portugal) reveald that the formers have been more successful in their convergence process before joining EU.
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Each member state of the European Union (EU) have to write down an economic development strategy hereby attend to obtain the most opportunities which follow from this statute. As regards the economic field, the main directions must be: the convergence process, the competitiveness and the policies regarding the demography, the employment and labour market. In this paper I analyse the process of economic convergence of Central and East European countries (CEECs), before joining EU. Comparative analyses of the EU member states with the previous entrants into EU (Ireland, Greece, Spain and Portugal) reveald that the formers have been more successful in their convergence process before joining EU.
Key concepts: Convergence (economics), European union, Member states, Member state, Statute, Process (computing), International trade, Economics