The Economic Competitiveness of Post-Socialist States Accepted into the European Union in 2004

Pawel Wójcik
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Pawel Wójcik: Maria Curie Sklodowska University, Poland

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Abstract: The purpose of this article is to examine the economic competitiveness of former Eastern Bloc states accepted into the European Union within the 2004 enlargement. The study concerned the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia and Slovenia. In 2004 the analysed countries met the economic accession criteria which included the existence of effective market economy able to withstand the competitive pressure and the power of internal European market. Similarities between the examined states concern also their culture and history. The paper presents a comparative analysis of economic competitiveness based on the following factors: Growth Competitiveness Index (GCI); International Institute for Management Development competitiveness index (IMD) and Human Development Index (HDI). The comparison spans the years 2004-2014. Its results show changes of economic competitiveness in the analysed countries after becoming members of the European Union.

Keywords: enlargement of the European Union; European Union membership; economic competitiveness; post-socialist states; European Union (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:tkp:mklp15:1059-1067

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