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Ampliacion de la Union Europea, divergencias regionales e inversion extranjera directa en la periferia europea

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Date
2005
Link to item file
http://www1.euskadi.net/ekonomiaz/taula4_c.apl?REG=689
Dewey
Economie internationale
Sujet
Union européenne; Rattrapage; Spécialisation internationale; Investissements directs étrangers
JEL code
R58; O52; F21; F15
Journal issue
Ekonomiaz
Volume
55
Number
4
Publication date
2005
Article pages
74-105
URI
https://basepub.dauphine.fr/handle/123456789/1936
Collections
  • LEDa : Publications
Metadata
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Author
Dupuch, Sébastien
Mouhoud, El Mouhoub
Type
Article accepté pour publication ou publié
Abstract (EN)
The Economic and Monetary Union (EMU) construction as well as the European Union (EU) enlargement from 15 to 25 members have taken place within a minimum institutional framework as regards common budgetary policies. The achievement of the Single European Market and the introduction of the single currency gave primacy to the idea that, beside an independent monetary policy implemented by the European Central Bank, the coordination of decentralized budgetary policies could ensure optimum economic conditions for the EMU. The European Union’s enlargement to Central and Eastern European countries (CEEC) has increased the heterogeneity of the community’s members. In this article, we will examine the convergence issue between Southern and Eastern and CEEC, trying to check whether Europe’s enlargement to CEEC is likely to increase asymmetries that are already quite significant between Southern European countries and the rest of the Union. This trend is reinforced by the patterns of foreign direct investments in the CEEC which tend to concentrate in a small number of countries and in only one or two regions within these countries. The EU cohesion policy has to face with this challenge. Lastly, we examine Europe’s regional policy as it is being renegotiated and try to lay down some orientations so that it should be profitable to the cohesion of all member states in an enlarged Union.

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