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Integration and convergence

George N. Yannopoulos

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Abstract

The date of entry of Spain and Portugal into the European Community is drawing ever nearer. What are the likely economic consequences of the integration into the EC of these Southern European countries, whose level of development is quite different from that of the other members? The experience of Greece, the first Southern European country to join the EC, can provide some valuable lessons here.

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What this paper is about

The date of entry of Spain and Portugal into the European Community is drawing ever nearer. What are the likely economic consequences of the integration into the EC of these Southern European countries, whose level of development is quite different from that of the other members? The experience of Greece, the first Southern European country to join the EC, can provide some valuable lessons here.

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Available abstract

The date of entry of Spain and Portugal into the European Community is drawing ever nearer. What are the likely economic consequences of the integration into the EC of these Southern European countries, whose level of development is quite different from that of the other members? The experience of Greece, the first Southern European country to join the EC, can provide some valuable lessons here.

Key concepts: European integration, Convergence (economics), Social policy, Join (topology), European community, Economic integration, Resizing, Economic geography

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