The Return To Europe: The Reintegration of Eastern Europe into the European Economy / Edition 1

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Overview

The Return to Europe examines the ability of the Central and South-east European economies to withstand competitive pressures on entry to the EU. These economies are still experiencing major structural problems inherited from communism. A major gap still exists between the income levels and economic structures of the accession states and the existing members of the EU. Trade relations largely involve the exchange of labour-intensive goods produced in Eastern Europe for technology-intensive goods produced in the EU. The export structures of some Central European economies which have attracted foreign direct investment is improving. Romania and Bulgaria have become increasingly dependent on export of labour-intensive goods since the collapse of communism. Will this create a permanent division of labour in an enlarged EU in which some regions of Europe fail to attract investment and become dependent on the export of low-wage goods, with implications for European security?

Product Details

ISBN-13:	9780312232627
Publisher:	Palgrave Macmillan UK
Publication date:	09/02/2000
Series:	Studies in Russia and East Europe
Edition description:	2000
Pages:	215
Product dimensions:	5.51(w) x 8.50(h) x 0.03(d)

About the Author

Alan Smith is Reader in the Economic and Social Studies of Eastern Europe at the University of London.

Table of Contents

The Background to Eastward Enlargement
• International Trade Theory and EU Enlargement
• Statistical Tests and Problems of Measurement
• East European Economic Relations under Communism
• The Basic Features of Trade Relations between the EU and the Applicant States
• Factor Intensity and Technological Levels in Trade in Manufactured Goods between the CEE-10 and the EU
• Revealed Specialization and the Competitiveness of the CEE Economies
• Prospects for Integration

Editorial Reviews

Smith (East European economics, University College London) examines the ability of the Central and South-eastern European economies to withstand competitive pressures on entry to the EU. The book focuses on the after-effects of communism, the income gap and structural differences between the accession states and the existing members of the EU, trade relations, and investing. Chapters consider the historical background of the situation, international trade theory, statistical tests, economic relations under communism, the basic features of trade relations between the EU and the applicant states, factor intensity and technological levels in trade in manufactured goods, revealed specialization and competitiveness, and prospects for integration. Annotation c. Book News, Inc., Portland, OR (booknews.com)

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