European integration and economic growth in emerging Europe: the role of institutions and policy factors

The purpose of this study is to contribute to an investigation of the role of European integration as a potential growth driver or convergence engine for emerging Europe. We classify emerging Europe into two groups of economies: (1) 11 new EU member states from Central and Eastern Europe; and (2) si...

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Vydáno v:Post-communist economies Ročník 36; číslo 7; s. 778 - 800
Hlavní autoři: Stojkov, Aleksandar, Veljanovski, Marko, Warin, Thierry
Médium: Journal Article
Jazyk:angličtina
Vydáno: Abingdon Routledge 02.10.2024
Taylor & Francis Ltd
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ISSN:1463-1377, 1465-3958
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Abstract The purpose of this study is to contribute to an investigation of the role of European integration as a potential growth driver or convergence engine for emerging Europe. We classify emerging Europe into two groups of economies: (1) 11 new EU member states from Central and Eastern Europe; and (2) six EU candidate countries from the Western Balkans. Our results are also highly relevant for the so-called 'association trio' within the EU's framework of Eastern partnership. The more specific research objectives are to explore (1) what the main driving forces behind growth dynamics in post-communist economies in Europe are; and (2) whether the experience of fast-reforming new EU member states can be replicated or adapted to the EU candidate countries. We provide evidence that the process of European integration holds strong transformative power to accelerate institutional progress and support economic growth.
AbstractList The purpose of this study is to contribute to an investigation of the role of European integration as a potential growth driver or convergence engine for emerging Europe. We classify emerging Europe into two groups of economies: (1) 11 new EU member states from Central and Eastern Europe; and (2) six EU candidate countries from the Western Balkans. Our results are also highly relevant for the so-called ‘association trio’ within the EU’s framework of Eastern partnership. The more specific research objectives are to explore (1) what the main driving forces behind growth dynamics in post-communist economies in Europe are; and (2) whether the experience of fast-reforming new EU member states can be replicated or adapted to the EU candidate countries. We provide evidence that the process of European integration holds strong transformative power to accelerate institutional progress and support economic growth.
Author Stojkov, Aleksandar
Veljanovski, Marko
Warin, Thierry
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SubjectTerms Accession
Candidates
Communism
Convergence
determinants of growth
Economic factors
Economic growth
European cultural groups
European integration
Membership
Political development
Postcommunist societies
Reforms
Title European integration and economic growth in emerging Europe: the role of institutions and policy factors
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