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The Economic Impact of Enlargement on the European Economy: Problems and Perspectives. CEPS Working Document No. 188, October 2002

Brenton, Paul. (2002) The Economic Impact of Enlargement on the European Economy: Problems and Perspectives. CEPS Working Document No. 188, October 2002. [Working Paper]

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    Abstract

    Much of the attention on the economic aspects of the forthcoming enlargement of the EU have concentrated upon the high-profile issues which are linked to the level of relative economic development in the acceding countries; the perceived threat of large-scale migration and the budgetary costs arising from implementation of EU agricultural and regional policies. This paper briefly discusses that these are not insurmountable problems and stresses that the main difficulties from the next enlargement may arise from the effective inclusion of the acceding countries into the Single Market, the microeconomic hub of the EU. We discuss that the process of regulatory harmonisation will become more difficult in an EU of 25 or more members, which entails greater emphasis on the principle of mutual recognition as the main tool for ensuring freedom of movement of goods and services. However, mutual recognition has its limits and is likely to be less effective the more diverse the countries involved.

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    Item Type: Working Paper
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > regional policy/structural funds
    EU policies and themes > Policies & related activities > economic and financial affairs > Single Market > harmonisation/standards/mutual recognition
    EU policies and themes > Treaty reform > enlargement
    EU policies and themes > Policies & related activities > agriculture policy
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Centre for European Policy Studies (Brussels) > CEPS Working Documents
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 08 Jul 2004
    Page Range: p. 17
    Last Modified: 15 Feb 2011 17:20
    URI: http://aei.pitt.edu/id/eprint/1821

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