EU-CEECs integration: policies and markets at work

The problem of monetary and fiscal convergence among European Union (EU) member countries is receiving much due attention. The book is organized in four parts: policies evaluation, international trade, foreign direct investment, and international delocalisation of production. Results show that the process of integration between the EU and the CEECs (Central and East European Country) is proceeding at a pace much faster than it is often perceived; that the modes of integration are both traditional and new; that competitiveness differentials affect different industries in sometimes sharply different ways; that EU member countries are affected in very different degrees by the process as well as by its modes.