Preface


Michael Dauderstädt
Cohesive Growth in the Enlarging Euroland: Patterns, Problems and Policies. A Summarising Essay


• Patterns of Growth and Cohesion during Europe’s integration since 1957
  
• Country cases
  
• Nominal convergence of income
  
• Real convergence of output
  
• Policies for Cohesive Growth
  
• Bibliography
  

David L. Ellison
CEEC Prospects for Convergence: A Theoretical and Historical Overview


• Trade Liberalization, Economic Growth and Convergence
  
• Long-Term European Convergence: The Western Link
  
• Conclusions
  
• Bibliography
  

Abel M. Mateus
Portugal's Accession and Convergence Towards the European Union


• The pre-accession period
  
• Adjustment and growth
  
• Deceleration and structural problems
  
• The challenge of enlarging Euroland
  
• Conclusion
  
• References
  

Theodore Georgakopoulos
Overprotected and Underprepared: EU-Accession, the Greek Way


• 1. Introduction
  
• 2. Major developments in the Greek economy in the post-war period up to 1973
  
• 3. Developments in the economy after 1973 and before the second oil-price increase
  
• 4. Developments after the second oil-price increase and over the first 15 post-accession years: The Greek economy in trouble
  
• 5. The post-1995 period
  
• 6. Future prospects
  
• 7. Conclusions
  
• References
  

Denis O’Hearn
Economic Growth and Social Cohesion in Ireland


• Introduction
  
• Sources of growth
  
• Foreign Direct Investment and the GDP-GNP-Gap
  
• The indigenous economy: following the European path?
  
• Growth with Inequality
  
• Conclusions
  
• References
  

Andrea Boltho
Italy’s Regional Experience: Will the Mezzogiorno Finally Converge?


Joachim Ragnitz
Lagging Productivity in the East German Economy: Obstacles to Fast Convergence


• The record: Persistent divergence after initial convergence
  
• The reasons for the productivity gap of the East German economy
  
• Factors of Production: Lack of Infrastructure, Capital and Knowledge
  
• Structural Factors: Sectoral distribution, enterprise size, market power
  
• Conclusion
  
• Prospects for future convergence
  
• Economic policy: Limited options
  

Lucjan T. Orlowski
Capital Inflows and Monetary Convergence: Lessons from the Central European Transition Economies


• Introduction
  
• The Current State of Reform and Monetary Stability
  
• Determinants and the Scale of Capital Inflows
  
• Available Choices of Exchange Rate Regimes – A Leap to Euroization?
  
• Concluding Remarks
  
• References
  

Leon Podkaminer
Wages, Prices and Exchange Rates: Competitiveness vs. Convergence


• Introduction: some basic facts
  
• The real problems
  
• III. On convergence to the EU
  
• APPENDIX
  

Patrick A. Messerlin
Trade Policy for Cohesive Growth: The Required Policy Framework


• Are Europe Agreements Costly for the Central European Countries?
  
• Europe Agreements and CEC Accession to the EC
  
• CECs’ Influence on EC Multilateral Commercial Policy during the Coming WTO Round
  
• What can be done in the coming years?
  
• Concluding Remarks
  
• Appendix 1. The spaghetti bowls of European bilateralism
  
• Appendix 2. The enlargement process: Missing a historic opportunity?
  
• References
  

List of participants

[page-number of print-ed.:1= title-page)]

International Policy Analysis Unit

Michael Dauderstädt / Lothar Witte (Eds.)

Cohesive Growth
in the Enlarging Euroland

Andrea Boltho
Michael Dauderstädt
David Ellison
Theodore Georgakopoulos
Abel Mateus
Patrick Messerlin
Denis O´Hearn
Lucjan Orlowski
Leon Podkaminer
Joachim Ragnitz

[page-number of print-ed.:2 (2^nd title-page)]

ISBN 3-89892-023-2

Most papers included in this volume were presented at the seminar "Cohesive Growth in the Enlarging Euroland: Patterns, Problems, Policies", organised and financed by the Friedrich-Ebert-Stiftung and the Franziska- und Otto-Bennemann-Stiftung and held in Berlin in June 2001.

Copyright 2001 © by Friedrich-Ebert-Stiftung
International Policy Analysis Unit
Godesberger Allee 149, D-53175 Bonn

The map used for the cover illustration was taken from the 2nd Report on Economic and Social Cohesion, published by the European Commission. Copyright EuroGeographics Association for the administrative boundaries.

Title Illustration: Pellens Kommunikationsdesign GmbH, Bonn
Print: Toennes Satz + Druck GmbH, Erkrath
Printed in Germany 2001