Independent and cutting-edge analysis on Turkey and its neighborhood

Since the early 1990’s, the prospect of eventual admission to the EU led to important economic progress in the 10 new EU member states. The author outlines this progress as well as the positive effects that membership itself will have on the mentioned economies. However, there are challenges involved in these countries catching up with the EU’s leaders. According to the author, good domestic policies as well as strong and well-targeted EU policies are necessary for the gap to be closed. Of the ten new EU member states, eight have undergone a transformation whose speed and scope has been unprecedented. Wherever one looks in the post-communist accession countries ­­–at money, markets, ownership structures, banking sectors, foreign trade, health care, environmental protection, and education– one sees institutions that have been reconstructed from the ground up...
 

CONTRIBUTOR
Leszek Balcerowicz
Leszek Balcerowicz
From the Desk of the Editor TPQ’s Winter issue examines global trade dynamics—from US-China tensions to the renegotiation of the North American Free Trade Agreement (NAFTA) to US tariff threats towards the EU. Chief among the issues generating a high degree of economic uncertainty is the US-China trade conflict and the magnitude of the emerging global fallout. Major changes are already afoot—namely a shift...
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