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Real Convergence in Central, Eastern and South-Eastern Europe: A Production Function Approach

Magdalena Morgese Borys, Éva Katalin Polgár, Andrei Zlate

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Abstract

The countries of Central, Eastern and South-Eastern Europe have made considerable progress in economic transition and integration into the world economy, particularly into the European Union (EU), within less than two decades. Closer economic integration through trade and financial flows, progress in the EU accession process, including EU membership for ten countries by 1 January 2007, and the objective of adopting the euro in the future direct attention to the challenges of real convergence in the region.

About this research paper

What this paper is about

The countries of Central, Eastern and South-Eastern Europe have made considerable progress in economic transition and integration into the world economy, particularly into the European Union (EU), within less than two decades. Closer economic integration through trade and financial flows, progress in the EU accession process, including EU membership for ten countries by 1 January 2007, and the objective of adopting the euro in the future direct attention to the challenges of real convergence in the region.

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OpenAlex reports 2 citations for this work. Citation counts describe recorded attention and do not establish research quality.

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Available abstract

The countries of Central, Eastern and South-Eastern Europe have made considerable progress in economic transition and integration into the world economy, particularly into the European Union (EU), within less than two decades. Closer economic integration through trade and financial flows, progress in the EU accession process, including EU membership for ten countries by 1 January 2007, and the objective of adopting the euro in the future direct attention to the challenges of real convergence in the region.

Key concepts: Convergence (economics), Accession, European union, Economic integration, Production (economics), International trade, Economy, Geography

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