Emerging market economies and European economic integration

Abstract:
The collapse of communism opened up the economies of the former Soviet bloc, and in the 1990s market mechanisms were introduced and opportunities for international trade increased. Many of the countries openly expressed aspirations to become members of the European Union. This work looks at the changing patterns of the economic processes at work across Europe and the role played by EU harmonisation and transition policies.

The book is organised in three parts. Part one explores the exchange of goods and services through interregional and international trade, with chapters addressing the theoretical aspects and case studies from the Polish-Lithuanian border and Latvia. Part two examines the regional and migration issues from an EU perspective, giving special attention to transition economies, labour markets, urban infrastructure, industrial specialisation and cluster formation. Part three encompasses a wide range of issues of a fiscal, financial, and environmental nature and brings together three chapters that share a macroeconomic perspective.

The book will interest researchers and policy makers and planners in organisations dealing with economic integration and transitional economy issues.

Contents:
1. Emerging Market Economies in an Integrating Europe – An Introduction

Part I: Interregional and International Trade Issues
2. Modelling Interregional and International Trade
3. Cross-Border Cooperation and Local Development: Evidence from Eastern Poland Border Regions
4. Latvian Foreign Trade with Scandinavian Countries, 1920–40

Part II: Regional Issues and Migration Issues
5. The Effect of Infrastructure Improvements on Regional Labour Markets: A Multiregional Equilibrium Job Search Model
6. International Migration to Germany: Estimation of a Time-Series Model and Inference in Panel Cointegration
7. Regional Specialisation and Employment Dynamics in Transition Countries
8. Traditional and New Causes of Regional Inequalities in Hungary
9. From Publicly Encouraged Networks to Cluster Formation in Pärnu’s Holiday Industry
10. Household Income Patterns by Region: An Exploratory Analysis of Transition Economies in Central and Eastern Europe

Part III: Fiscal, Financial and Environmental Policy Issues
11. Assessing Fiscal Policy in Romania with Special Focus on Fiscal Sustainability
12. FDI Inflows to the Transition Economies in Eastern Europe: Magnitude and Potential Determinants
13. Sustainable Development and Evaluation: An Introduction

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