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EU’s Enlargement vs Global Crisis

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  • Romeo-Victor Ionescu

    (Danubius University of Galati, Romania)

Abstract

The paper deals with the idea that the global economic crisis’ challenges for the EU economy are too powerful and the enlargement process has to be very carefully managed. Even that there are five candidate countries and an acceding country, the socio-economic situation across the EU27 and, especially, across the Euro area are not able to support new entrances as Member States. The analysis in the paper is based on the latest official data and is supported by pertinent statistical tables and diagrams. The main conclusion of this analysis is a pessimistic one. We consider that the main objective of the EU27 is to survive and to support a real economic recovery, nowadays. The enlargement has to continue only after the above objectives’ achievement.

Suggested Citation

  • Romeo-Victor Ionescu, 2013. "EU’s Enlargement vs Global Crisis," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 9(4), pages 319-331, August.
    • Handle: RePEc:dug:actaec:y:2013:i:4:p:319-331
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    File URL: http://journals.univ-danubius.ro/index.php/oeconomica/article/view/1790
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    References listed on IDEAS

    as
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    3. Morten L. Bech & Leonardo Gambacorta & Enisse Kharroubi, 2014. "Monetary Policy in a Downturn: Are Financial Crises Special?," International Finance, Wiley Blackwell, vol. 17(1), pages 99-119, March.
    4. Zsolt Darvas, 2012. "Compositional effects on productivity, labour cost and export adjustments," Policy Contributions 730, Bruegel.
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