Influence of the Foreign Environment and the Financial Crisis on the Economic Stability of the New Member States of the European Union

Emil Panusheff

Economic Thought journal, 2011, issue 7, 124-138

Abstract: The impact of the foreign economic relations on the new EU member states is studied in this article. Trends of the participation of these countries in the export and the import of goods and services and the reflection of the crisis on the state of the balance of payment are shown. Estimates about the influence of the capital flows and the foreign financing on the economic stability of the newly accepted countries are made. The inflows and outflows of the foreign direct investment are analyzed in relation to the state of the balance of payment as a condition for its stability and defining the reflection of the world fiscal crisis. Conclusions have been made for the sustainability of the region and the opportunities of these countries to use the integration processes in the relations with one another.

JEL-codes: F32 F37 F41 (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:bas:econth:y:2011:i:7:p:124-138

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