Overcoming ‘Economic Backwardness’ in the <scp>E</scp>uropean <scp>U</scp>nion

Epstein, Rachel A.

doi:10.1111/jcms.12078

Cited by 50 publications

(38 citation statements)

References 27 publications

(32 reference statements)

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“…Output crashed, and unemployment soared into the high teens in several NMS. The bust made it no longer plausible that CEE states were on a simple linear trajectory to catch up with the EU‐15 (Landesmann, ; Farkas, ; Epstein, ). Moreover, across the region, there was a clear relationship between the size of pre‐crisis credit booms and the size of the resulting contractions (Bakker and Klinger, , p. 51; Berglöf et al ., ).…”

Section: Bustmentioning

confidence: 99%

The EU Factor in Fat Times and in Lean: Did the EU Amplify the Boom and Soften the Bust?

Jacoby

2013

J of Common Market Studies

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This article describes the EU's impact on economic performance in the new Member States since the advent of membership. It first deals with the EU's role in promoting the economic boom that marked the region up to 2007, emphasizing the role of the single market and of the EU in anchoring and encouraging economic policy liberalization. The second section investigates the EU role in buffering the bust that occurred after 2007, looking at structural fund spending and financial sector instruments to enhance liquidity. I argue the EU had a (mostly unintentional) pro-cyclical effect that fuelled the boom and contributed to setting up the region for a very hard fall during the bust. I also show the EU efforts to buffer the hard times were far quicker in the area of structural fund spending compared to very slow and limited innovation in liquidity provision, especially for non-eurozone states.

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Section: Bustmentioning

confidence: 99%

The EU Factor in Fat Times and in Lean: Did the EU Amplify the Boom and Soften the Bust?

Jacoby

2013

J of Common Market Studies

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“…This is also true in terms of social and cohesion policy, where the EU notion of convergence refers to the effort to close the wealth gap between the richest and poorest regions in the EU, measured in terms of per capita GDP relative to the EU average (European Commission, Directorate-General for Regional and Urban Policy 2007). In numerical terms, substantial convergence between individual new member state economies and the old member state averages have emerged over the previous ten years (Landesmann 2013;Epstein 2014). Since transition, CEE countries have been growing dynamically, with an average rate of growth for CEE-6 21 of around 3.8%, compared to the EU15 22 average growth rate of around 2.3%.…”

Section: Evaluation and Impact Of Regional Public Goodsmentioning

confidence: 99%

21st Century Cooperation : Regional Public Goods, Global Governance, and Sustainable Development

Estevadeordal¹,

Goodman²

2017

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This edited volume explains the importance of regional public goods (RPGs) for sustainable development and shows why they are particularly important in the context of 21st-century international relations. By presenting a new and original data set and by presenting original essays by renowned scholars, this book lays the foundation for what will become an increasingly important focus for both economic development and international relations as well as for their intersection.The volume contains four parts. The first introduces the core issues and concepts that are explored throughout the book as well as a new and original data set on RPGs. The second part further develops specific concepts important for understanding 21st-century RPGs: regional leadership, alliances, networks, and outcomes. The third examines how cooperation takes place worldwide for a range of important RPGs. Finally, the fourth part discusses how public goods are produced in specific regions, stressing that each region has a distinct context and that these contexts overlap in a decentered "multiplex" manner.Global economic cooperation will be different in the 21st century, and this volume will be of interest to students and scholars of global governance, economic development, international political economy, sustainable development, and comparative regionalism. Antoni Estevadeordal is Manager, Integration and Trade Sector, InterAmerican Development Bank (IDB).Louis W. Goodman is Professor and Emeritus Dean, School of International Service, American University. 21st Century CooperationRegional Public Goods, Global Governance, and Sustainable Development Trademark notice: Product or corporate names may be trademarks or registered trademarks, and are used only for identification and explanation without intent to infringe. Edited by Antoni Estevadeordal and Louis W. Goodman British Library Cataloguing in Publication DataA catalogue record for this book is available from the British Library (Bilateral, 1945(Bilateral, -2014 31 2.6 Regionality of Brazil by RPG Function (Bilateral, 1945(Bilateral, -2014 Paulo Barbieri is Regional Public Goods Consultant at the Inter-American Development Bank, Washington, D.C. Library of Congress Cataloging in Publication Data Suh-Yong Chung is Professor of the Division of International Studies at Korea University.Uri Dadush is Senior Fellow, OCP Policy Center, Rabat. He is also NonResident Scholar at Bruegel, Brussels. Michelle Egan is Jean Monnet Professor Louis W. Goodman is Professor and Emeritus Dean of the School ofInternational Service at American University, Washington, D.C. Jacint Jordana is Professor of Political Science and Public Administration at the Universitat Pompeu Fabra. He is also Director of the Institut Barcelona d'Estudis Internacionals.Theodore Kahn is a doctoral candidate at the School of Advanced International Studies at Johns Hopkins University. Masahiro Kawai is Professor of Economics at the Graduate School of PublicPolicy at the University of Tokyo. Teng Liu is Research Associate in Inte...

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“…While the EU's single market and the consequential opportunities of open markets and foreign investments continued to be important factors (Epstein, 2014;Medve-Bálint, 2014), their transformative role and effect was more evident before Lithuania's EU accession. After accession, structural funds emerged as a new factor and have significantly contributed to investments in public goods.…”

Section: Public Goods Ser Vices and Europeanizationmentioning

confidence: 99%

Europeanization and Development: Using Open Regime Theory to Assess Lithuania’s Post-Eu Accession

Maniokas¹,

Žeruolis²,

Karmazinaitė³

2015

BJPS

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Overcoming ‘Economic Backwardness’ in the European Union

Cited by 50 publications

References 27 publications

The EU Factor in Fat Times and in Lean: Did the EU Amplify the Boom and Soften the Bust?

The EU Factor in Fat Times and in Lean: Did the EU Amplify the Boom and Soften the Bust?

21st Century Cooperation : Regional Public Goods, Global Governance, and Sustainable Development

Europeanization and Development: Using Open Regime Theory to Assess Lithuania’s Post-Eu Accession

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