Economic integration, legitimacy and European Union enlargement

Andreas Kyriacou

MPRA Paper from University Library of Munich, Germany

Abstract: The enlargement of the European Union generates socio-economic costs and benefits for the citizens of new members and as such it is bound to affect their perceived legitimacy of the whole enterprise. The legitimacy of EU accession is likely to be enhanced by the inclusion of compensatory transfers and transition periods in the terms of accession, by the perception that EU membership represents the most favorable terms of exchange available and by the linking of accession to a sustained period of economic growth, a favorable movement in prices, improving relative incomes and the consolidation of a level playing field across new members.

Keywords: economic integration; legitimacy; enlargement; transition economies (search for similar items in EconPapers)
JEL-codes: D72 F15 P26 (search for similar items in EconPapers)
Date: 2004-09-01
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