EU Enlargement between Economic and Political Criteria

Author:Romeo Ionescu
Position:Professor, PhD, Danubius University of Galati, Faculty of Economic Sciences, Romania
Pages:147-154
SUMMARY

The paper answers at two important questions: Is the EU able to support new adhering processes? and Is the Euro area able to enlarge in 2014? The comparative analysis in the paper covers four economic competitors: EU, USA, China and Japan, and is based on GDP growth rate, unemployment and inflation rates... (see full summary)

 
FREE EXCERPT
EU Enlargement b
Abstract:
The paper answers at two
and
Is the Euro area able to enlarge
competitors: EU, USA, China and
rates. T he second part of the paper
Euro area, Croatia and Latvia, i n ord
of the two-
level analysis are suppo
statistical database – Eurostat –
and
adhering processes from 2013 and 20
Keywords:
adhering process; growth
JEL Classification:
R11; R12; R13
1. Introduction
recovery is worst across Euro area.
two enlargemen
ts on EU and Euro ar
2.
Global Economy under the C
During 2011-
2012, the main econom
EU.
The global economic evolution
actors (see Figure 1).
1
Professor,
PhD, Danubius University of G
Romania. Tel.: +40372 361 102, f
ax: +40372
Performance and Risks in the Eu
rop
t between Economic
and Political Criter
Romeo-Victor Ionescu
1
wo important questions: Is the EU able to support new adhering p
rge in 2014? The comparative analysis in the paper covers four
d Japan, and is based on GDP growth rate, unemployment and
er deals with a n econo
mic f orecast during 2015-
2016, f ocused
order to discuss the effects of the adhering to EU and Euro area. T
pported by pertinent diagrams and annexes. The analysis uses
nd dedicated forecast software. The main conclusion of the paper
2014 are based on economic and political criteria.
wth rate; unemployment
rate; inflation rate; sustainable developme
13
allenge yet. All world economies implemented econo
economic recovery. Some of
them succeeded in ac
ther hand, EU27 was not able to obtain the same eco
ic competitors: USA, Japan and China. Moreover,
rested when EU announced Croatia adhering to the E
the Euro area in 2014. The problem is that these
basis. The paper deals with compara
tive analysis duri
n latest official statistical data and covers 2011
-
201
a forecast for 2015
-
2016, in order to analyse the first e
area.
e Crisis’ Impact
omic actors faced to great socio
-
economic difficulties.
n and to support modest economic expansion,
especia
ion may be analysed using three p ertinent indicators
tion rate.
ere are great disparities between the most important gl
Galati,
Faculty of Economic Sciences, Romania.
Address: 3 Ga
372 361 290
. Corresponding author: romeo.v.ionescu@univ-
danub
opean Economy
147
teria
g processes?
ur economic
and inflation
ed on EU27,
. The results
es a n
eutral
er is that the
ment
nomic and social
achieving better
economic growth
er, the economic
e EU27 this year
se two strategic
uring two levels.
014 time period.
st effects of these
ies. As a result, it
cially across the
ors: GDP growth
global eco
nomic
Galati Blvd, Galati,
nubius.ro.

To continue reading

REQUEST YOUR TRIAL