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Reshaping Economic Geography : Implications for New EU Member States

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dc.contributor.authorGoh, Chor-ching
dc.contributor.authorGill, Indermit
dc.contributor.authorRoberts, Mark
dc.date.accessioned2012-08-13T10:52:15Z
dc.date.available2012-08-13T10:52:15Z
dc.date.issued2009-04
dc.description.abstractThe ongoing crisis should spur deeper European integration, rather than a return to the nationalism of the past. The World Development Report 2009, reshaping economic geography, spotlights several issues for new European Union (EU) member states. From 1950 to 1990, Eastern Europe was impermeable to the flow of goods, services and ideas from the West, and grew slowly. During the same period, gross domestic product (GDP) per capita in fourteen Western European economies grew at three times the pace of Eastern Europe. The drivers of West European growth were market economies, regional cooperation, and global economic integration. The European Economic Community, started by six Western European nations in 1957, continued to increase its membership with the ultimate aim of full economic and monetary integration. After the collapse of the former Soviet Union in 1991, the EU10 countries, along with Malta and Cyprus, joined the expanded European Union, an economic zone based on the principles of democracy, markets and the free mobility of goods, capital and labor. The 27country European Union has a combined population of almost 500 million people and accounts for over 30 percent of the world's GDP. But the legacy of division has meant that the EU10 countries lag considerably behind most of the other member states. While the EU10 have brought 123 million people into the European Union, they have reduced its average level of GDP per capita by an estimated 15.6 percent.en
dc.identifierhttp://documents.worldbank.org/curated/en/2009/04/11672647/reshaping-economic-geography-implications-new-eu-member-states
dc.identifier.doi10.1596/10256
dc.identifier.urihttps://hdl.handle.net/10986/10256
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesEurope and Central Asia Knowledge Brief; Volume No. 4
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCESS TO FOREIGN MARKETS
dc.subjectAVERAGE INCOMES
dc.subjectCOMPETITIVENESS
dc.subjectCONVERGENCE
dc.subjectDELIVERY MECHANISMS
dc.subjectDEMOCRACY
dc.subjectDRIVERS
dc.subjectECONOMIC COMMUNITY
dc.subjectECONOMIC CONCENTRATION
dc.subjectECONOMIC DIVERGENCE
dc.subjectECONOMIC GEOGRAPHY
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC HISTORY
dc.subjectECONOMIC INTEGRATION
dc.subjectECONOMIC OUTLOOK
dc.subjectEMPLOYMENT
dc.subjectFINANCIAL CRISIS
dc.subjectFOREIGN MARKET
dc.subjectFREE TRADE
dc.subjectFREE TRADE AGREEMENT
dc.subjectGDP
dc.subjectGDP PER CAPITA
dc.subjectGOVERNANCE STANDARDS
dc.subjectKNOWLEDGE SPILLOVER
dc.subjectLABOR MOBILITY
dc.subjectLIVING STANDARDS
dc.subjectMARKET ACCESS
dc.subjectMARKET ECONOMIES
dc.subjectMARKET FORCES
dc.subjectMARKET POTENTIAL
dc.subjectMEMBER STATE
dc.subjectMEMBER STATES
dc.subjectMONETARY FUND
dc.subjectMONETARY INTEGRATION
dc.subjectMUTUAL RECOGNITION
dc.subjectMUTUAL RECOGNITION AGREEMENTS
dc.subjectNEIGHBORING COUNTRIES
dc.subjectPER CAPITA INCOME
dc.subjectPOLICY REFORMS
dc.subjectPRODUCTION NETWORKS
dc.subjectPRODUCTIVITY
dc.subjectREGIONAL COOPERATION
dc.subjectREGULATORY REFORMS
dc.subjectRETURN
dc.subjectSOCIAL SERVICES
dc.subjectSUPPLIERS
dc.subjectWAGES
dc.subjectWORLD MARKETS
dc.titleReshaping Economic Geography : Implications for New EU Member Statesen
dspace.entity.typePublication
okr.crosscuttingsolutionareaJobs
okr.date.doiregistration2025-04-29T09:56:55.952597Z
okr.doctypePublications & Research::Brief
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2009/04/11672647/reshaping-economic-geography-implications-new-eu-member-states
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeSocial Protection and Labor
okr.globalpracticeFinance and Markets
okr.globalpracticeTrade and Competitiveness
okr.globalpracticeFinance and Markets
okr.guid355441468249890454
okr.guid520501468249885673
okr.identifier.externaldocumentum000333038_20100120033603
okr.identifier.internaldocumentum11672647
okr.identifier.report52682
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2010/01/20/000333038_20100120033603/Rendered/PDF/526820BRI0ECA010Box345566B01PUBLIC1.pdfen
okr.region.administrativeEurope and Central Asia
okr.topicInternational Economics and Trade::Trade and Regional Integration
okr.topicSocial Protections and Labor::Labor Policies
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicMacroeconomics and Economic Growth::Markets and Market Access
okr.topicEconomic Theory and Research
okr.unitOffice of the Regional Vice Pres (ECAVP)
okr.unitOffice of the Chief Economist (ECACE)
okr.volume1 of 1
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relation.isAuthorOfPublication47f1ec82-9abf-5d6f-9256-e1cc53ce62ee
relation.isAuthorOfPublication.latestForDiscovery47f1ec82-9abf-5d6f-9256-e1cc53ce62ee
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