East European Transition and EU Enlargement

The book contains a selection of papers written by scholars from both Western and Eastern Europe on various aspects of enlarging the European Union by incorporating Central and Eastern European countries. The papers cover a wide spectrum of relevant issues, including growth and convergence, agriculture, money and finance, wages, prices, unemployment and capital and labour mobility. This is the first volume to focus on a quantitative (mainly econometric) approach to the problem of EU enlargement. Techniques applied include: continuous-time convergence modelling, structural vector-autoregressive models, macroeconomic forecasts comparison, Markov and ARCH processes. The text will be highly useful for those interested in Central and Eastern European economics as well as other readers who wish to deepen their knowledge on the problems of the EU enlargement.