The Emerging Economic Geography Setting in New EU Member States: A Comparative Account of Regional Industrial Performance and Adjustment

Dimitris Kallioras (), George Petrakos and Maria Tsiapa

Chapter 7 in Economic Growth and Structural Features of Transition, 2010, pp 150-169 from Palgrave Macmillan

Abstract: Abstract The market-based process of economic integration, although it is perceived to generate higher levels of aggregate efficiency, can possibly be associated with higher levels of inequality. In spatial terms, this is believed to lead to regional imbalances, with less advanced regions possibly experiencing, in the integration process, weaker gains or even net losses, compared to their more advanced counterparts. Such types of argument are in variance with the neoclassical understanding of the operation of the spatial economy and contribute to an ongoing discussion among academics and politicians on the impact of integration on the growth potential of less advanced European Union (EU) regions.

Keywords: European Union; Economic Integration; Regional Inequality; European Union Region; Industrial Performance (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pal:stuchp:978-0-230-27740-3_8

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DOI: 10.1057/9780230277403_8

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