"This book analyzes the economic performance of the EU in the first five years after its largest expansion in 2004. Accession and integration were expected to foster growth and convergence among the new Member States through intensified trade, foreign direct investment, financial deepening and...

Starting on 1st of May 2004, 11 countries in Central-Eastern and South Eastern Europe and in the Baltics (EU11) joined the European Union in three consecutive waves. Half a generation later, and a full generation after the start of transition in the region, we thought it would be opportune to...

1. Introduction -- 2. Convergence of the EU member states in Central-Eastern and South Eastern Europe (EU11): a framework for convergence inside a close regional cooperation -- 3. Towards a new growth model in CESEE: three challenges ahead -- 4. Regional dynamics in EU11 -- 5. How the European...

1.Introduction -- 2.The economic impact of Single Market membership on the EU enlargement countries -- 3. FDI as force of convergence in the CESEE countries -- 4.The impact of EU cohesion funds on macroeconomic development in the Visegrad countries after the 2008-2009 financial crisis -- 5. The...