An Assessment of Real Convergence of Less Developed EU Members: Lessons for the CEEC Candidates

Carmela Martín () and Francisco J. Velazquez ()

No 5, European Economy Group Working Papers from European Economy Group

Abstract: The main purpose of this study is to provide an assessment of the different experiences of convergence of the four less developed EU members (Spain, Portugal, Ireland and Greece) after joining the EU and their main determining factors. Here special emphasis is placed on the assessment of their respective capital stocks, both physical and intangible, given their essential influence on growth and, consequently, on economic welfare. In addition, it aims to draw conclusions for these experiences that may help in the elaboration of suitable strategies of accession for the CEEC candidates..

Pages: 56 pages
Date: 2001
New Economics Papers: this item is included in nep-dev, nep-eec and nep-tid
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