Angeloni, Ignazio; Flad, Michael; Mongelli, Francesco Paolo - 2005
progress in their processes of reform and convergence, and more is underway. While trade integration with the other 15 EU … Member States (EU15) has progressed quickly, convergence in output specialisation to EU standards has been slow, especially … if measured in real terms. This may influence negatively the pace of real convergence. Most NMS lag significantly behind …