IMPACT OF ACTUAL CRISIS ON EU CONVERGENCE

Lucian Albu ()

Internal Auditing and Risk Management, 2013, vol. 30, issue 1, 125-134

Abstract: Estimating a set of concentration indicators for the period of actual crisis (emerged in 2008), we demonstrated a significant impact of it on convergence process in EU. However, the differences in matter of convergence emerge at the level of groups of countries. Thus, while in EU-10 (most recent acceded countries to EU) is manifesting a strong convergence, in EU-15 (old members of EU) a significant trend of divergence was demonstrated.

Keywords: convergence; divergence; variation coefficient; European Union (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:ath:journl:v:30:y:2013:i:1:p:125-134

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