Reshaping Economic Geography : Implications for New EU Member States
The ongoing crisis should spur deeper European integration, rather than a return to the nationalism of the past. The World Development Report 2009, reshaping economic geography, spotlights several issues for new European Union (EU) member states. F...
| Main Authors: | , , |
|---|---|
| Format: | Brief |
| Language: | English |
| Published: |
World Bank, Washington, DC
2012
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2009/04/11672647/reshaping-economic-geography-implications-new-eu-member-states http://hdl.handle.net/10986/10256 |
| id |
okr-10986-10256 |
|---|---|
| recordtype |
oai_dc |
| spelling |
okr-10986-102562021-04-23T14:02:49Z Reshaping Economic Geography : Implications for New EU Member States Gill, Indermit Goh, Chor-ching Roberts, Mark ACCESS TO FOREIGN MARKETS AVERAGE INCOMES COMPETITIVENESS CONVERGENCE DELIVERY MECHANISMS DEMOCRACY DRIVERS ECONOMIC COMMUNITY ECONOMIC CONCENTRATION ECONOMIC DIVERGENCE ECONOMIC GEOGRAPHY ECONOMIC GROWTH ECONOMIC HISTORY ECONOMIC INTEGRATION ECONOMIC OUTLOOK EMPLOYMENT FINANCIAL CRISIS FOREIGN MARKET FREE TRADE FREE TRADE AGREEMENT GDP GDP PER CAPITA GOVERNANCE STANDARDS KNOWLEDGE SPILLOVER LABOR MOBILITY LIVING STANDARDS MARKET ACCESS MARKET ECONOMIES MARKET FORCES MARKET POTENTIAL MEMBER STATE MEMBER STATES MONETARY FUND MONETARY INTEGRATION MUTUAL RECOGNITION MUTUAL RECOGNITION AGREEMENTS NEIGHBORING COUNTRIES PER CAPITA INCOME POLICY REFORMS PRODUCTION NETWORKS PRODUCTIVITY REGIONAL COOPERATION REGULATORY REFORMS RETURN SOCIAL SERVICES SUPPLIERS WAGES WORLD MARKETS The ongoing crisis should spur deeper European integration, rather than a return to the nationalism of the past. The World Development Report 2009, reshaping economic geography, spotlights several issues for new European Union (EU) member states. From 1950 to 1990, Eastern Europe was impermeable to the flow of goods, services and ideas from the West, and grew slowly. During the same period, gross domestic product (GDP) per capita in fourteen Western European economies grew at three times the pace of Eastern Europe. The drivers of West European growth were market economies, regional cooperation, and global economic integration. The European Economic Community, started by six Western European nations in 1957, continued to increase its membership with the ultimate aim of full economic and monetary integration. After the collapse of the former Soviet Union in 1991, the EU10 countries, along with Malta and Cyprus, joined the expanded European Union, an economic zone based on the principles of democracy, markets and the free mobility of goods, capital and labor. The 27country European Union has a combined population of almost 500 million people and accounts for over 30 percent of the world's GDP. But the legacy of division has meant that the EU10 countries lag considerably behind most of the other member states. While the EU10 have brought 123 million people into the European Union, they have reduced its average level of GDP per capita by an estimated 15.6 percent. 2012-08-13T10:52:15Z 2012-08-13T10:52:15Z 2009-04 http://documents.worldbank.org/curated/en/2009/04/11672647/reshaping-economic-geography-implications-new-eu-member-states http://hdl.handle.net/10986/10256 English Europe and Central Asia Knowledge Brief; Volume No. 4 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research Europe and Central Asia |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ACCESS TO FOREIGN MARKETS AVERAGE INCOMES COMPETITIVENESS CONVERGENCE DELIVERY MECHANISMS DEMOCRACY DRIVERS ECONOMIC COMMUNITY ECONOMIC CONCENTRATION ECONOMIC DIVERGENCE ECONOMIC GEOGRAPHY ECONOMIC GROWTH ECONOMIC HISTORY ECONOMIC INTEGRATION ECONOMIC OUTLOOK EMPLOYMENT FINANCIAL CRISIS FOREIGN MARKET FREE TRADE FREE TRADE AGREEMENT GDP GDP PER CAPITA GOVERNANCE STANDARDS KNOWLEDGE SPILLOVER LABOR MOBILITY LIVING STANDARDS MARKET ACCESS MARKET ECONOMIES MARKET FORCES MARKET POTENTIAL MEMBER STATE MEMBER STATES MONETARY FUND MONETARY INTEGRATION MUTUAL RECOGNITION MUTUAL RECOGNITION AGREEMENTS NEIGHBORING COUNTRIES PER CAPITA INCOME POLICY REFORMS PRODUCTION NETWORKS PRODUCTIVITY REGIONAL COOPERATION REGULATORY REFORMS RETURN SOCIAL SERVICES SUPPLIERS WAGES WORLD MARKETS |
| spellingShingle |
ACCESS TO FOREIGN MARKETS AVERAGE INCOMES COMPETITIVENESS CONVERGENCE DELIVERY MECHANISMS DEMOCRACY DRIVERS ECONOMIC COMMUNITY ECONOMIC CONCENTRATION ECONOMIC DIVERGENCE ECONOMIC GEOGRAPHY ECONOMIC GROWTH ECONOMIC HISTORY ECONOMIC INTEGRATION ECONOMIC OUTLOOK EMPLOYMENT FINANCIAL CRISIS FOREIGN MARKET FREE TRADE FREE TRADE AGREEMENT GDP GDP PER CAPITA GOVERNANCE STANDARDS KNOWLEDGE SPILLOVER LABOR MOBILITY LIVING STANDARDS MARKET ACCESS MARKET ECONOMIES MARKET FORCES MARKET POTENTIAL MEMBER STATE MEMBER STATES MONETARY FUND MONETARY INTEGRATION MUTUAL RECOGNITION MUTUAL RECOGNITION AGREEMENTS NEIGHBORING COUNTRIES PER CAPITA INCOME POLICY REFORMS PRODUCTION NETWORKS PRODUCTIVITY REGIONAL COOPERATION REGULATORY REFORMS RETURN SOCIAL SERVICES SUPPLIERS WAGES WORLD MARKETS Gill, Indermit Goh, Chor-ching Roberts, Mark Reshaping Economic Geography : Implications for New EU Member States |
| geographic_facet |
Europe and Central Asia |
| relation |
Europe and Central Asia Knowledge Brief; Volume No. 4 |
| description |
The ongoing crisis should spur deeper
European integration, rather than a return to the
nationalism of the past. The World Development Report 2009,
reshaping economic geography, spotlights several issues for
new European Union (EU) member states. From 1950 to 1990,
Eastern Europe was impermeable to the flow of goods,
services and ideas from the West, and grew slowly. During
the same period, gross domestic product (GDP) per capita in
fourteen Western European economies grew at three times the
pace of Eastern Europe. The drivers of West European growth
were market economies, regional cooperation, and global
economic integration. The European Economic Community,
started by six Western European nations in 1957, continued
to increase its membership with the ultimate aim of full
economic and monetary integration. After the collapse of the
former Soviet Union in 1991, the EU10 countries, along with
Malta and Cyprus, joined the expanded European Union, an
economic zone based on the principles of democracy, markets
and the free mobility of goods, capital and labor. The
27country European Union has a combined population of almost
500 million people and accounts for over 30 percent of the
world's GDP. But the legacy of division has meant that
the EU10 countries lag considerably behind most of the other
member states. While the EU10 have brought 123 million
people into the European Union, they have reduced its
average level of GDP per capita by an estimated 15.6 percent. |
| format |
Publications & Research :: Brief |
| author |
Gill, Indermit Goh, Chor-ching Roberts, Mark |
| author_facet |
Gill, Indermit Goh, Chor-ching Roberts, Mark |
| author_sort |
Gill, Indermit |
| title |
Reshaping Economic Geography : Implications for New EU Member States |
| title_short |
Reshaping Economic Geography : Implications for New EU Member States |
| title_full |
Reshaping Economic Geography : Implications for New EU Member States |
| title_fullStr |
Reshaping Economic Geography : Implications for New EU Member States |
| title_full_unstemmed |
Reshaping Economic Geography : Implications for New EU Member States |
| title_sort |
reshaping economic geography : implications for new eu member states |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2009/04/11672647/reshaping-economic-geography-implications-new-eu-member-states http://hdl.handle.net/10986/10256 |
| _version_ |
1764412427502354432 |