Author (Person) | Epstein, Rachel A. |
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Series Title | Journal of Common Market Studies |
Series Details | Vol.52, No.1, January 2014, p17-34 |
Publication Date | 01/01/2014 |
ISSN | 0021-9886 |
Content Type | Journal | Series | Blog |
JCMS Special Issue 2014: Eastern Enlargement Ten Years On: Transcending the East-West Divide? Guest Editors: Rachel A. Epstein and Wade Jacoby Abstract: Long before the cold war and the Iron Curtain's construction, the European continent was marked by a developmental divide in which the east suffered relative economic deprivation compared to the west. This article revisits the sources of ‘economic backwardness’ in eastern Europe and asks whether post-communist states' membership in the European Union (EU) upends the earlier structural conditions that had traditionally prevented east–west economic convergence. The article finds that while there is more economic opportunity for post-communist states in the EU than outside it, EU membership does not subvert the major drivers of the developmental divide. EU membership does, however, limit economic volatility for the New Member States (NMS), which, in historical perspective, is a boon for eastern populations and stabilizing for democratic politics. |
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Source Link | Link to Main Source http://onlinelibrary.wiley.com/ |
Subject Categories | Economic and Financial Affairs |
Countries / Regions | Central Europe, Europe |