The date of entry of Spain and Portugal into the European Community is drawing ever nearer. What are the likely economic consequences of the integration into the EC of these Southern European countries, whose level of development is quite different from that of the other members? The experience...

Most of the newly acceded central and east European EU countries are among the main beneficiaries of EU Cohesion Policy. The main objective of this policy is to improve the long-term growth and employment prospects of the supported regions, and thereby to support convergence towards higher...

This paper reviews the strong pre-crisis economic growth in the new EU member states and assesses whether the growth model can continue to be successful after the crisis. The analysis shows that a new growth model for the region will be needed, ideally one that focuses on raising domestic...