| | Income convergence in the enlarged European Union |
| | 0,41 | | MB |
| | 81 | | stron |
| | 6091 | | ID | Pan-European Institute |
| | 2007 | | rok |
| | 1 INTRODUCTION .2 |
| | 2 CONCEPT OF ECONOMIC GROWTH AND MAIN GROWTH THEORIES3 |
| | 2.1 Determinants of growth and its measuring.4 |
| | 2.2 Growth models 5 |
| | 3 ECONOMIC INTEGRATION AS DETERMINANT OF GROWTH.11 |
| | 3.1 Deeper determinants of growth12 |
| | 3.2 Economic integration.14 |
| | 3.2.1 Openness in trade .15 |
| | 3.2.2 Gains from trade15 |
| | 3.2.3 Foreign direct investment.19 |
| | 3.2.4 Integration process19 |
| | 3.3 Geographical location24 |
| | 3.4 Role of institutions in integration25 |
| | 4 CONVERGENCE IN INCOME LEVELS.28 |
| | 4.1 The convergence hypothesis.29 |
| | 4.1.1 Definition of convergence 29 |
| | 4.1.2 Convergence according to growth theories32 |
| | 4.1.3 Divergence 34 |
| | 4.2 Empirical studies on convergence .35 |
| | 5 ECONOMIC DEVELOPMENT IN THE NEW EU MEMBERS AND THEIR CATCHUP PROCESS 39 |
| | |
| | 5.1 Integration process in the Central and Eastern European economies40 |
| | 5.1.1 Economic integration into European Union40 |
| | 5.1.2 Geographical factors45 |
| | 5.1.3 Institutional development .46 |
| | 5.2 Growth and convergence in Central and Eastern Europe 47 |
| | 5.2.1 Growth in the CEE8.47 |
| | 5.2.2 Convergence of the CEE8 towards EU1550 |
| | 5.2.3 Regional income per capita disparities.58 |
| | 5.3 Future prospects for Central and Eastern European countries.61 |
| | 6 CONCLUSIONS 62 |
| | REFERENCES .66 |
| | APPENDIX 1 CEE8 countries’ exports and imports 1995–2005.70 |
| | APPENDIX 2 GDP in the EU countries in constant and current prices, 1995–2006 |