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Enlargement, the Lisbon Agenda, and the Economic Development of Member States

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  • Leszek Balcerowicz

Abstract

The issues of enlargement, the Lisbon Agenda, and economic development are important not only to new European Union (EU) member states but impact all 25 countries. EU membership may help the new members to foster long-term economic growth through increased credibility, effective use of structural funds, a better framework for economic growth, and entry into the European Monetary Union (EMU). The economic growth of all member states can be strengthened if the reforms related to the main goals of the Lisbon Agenda are completed. Action must be taken both at the member-state level and at the Community level. At the member-state level it is necessary to assure fiscal consolidation and deregulation. At the Community level the preservation of the Stability and Growth Pact, completion of the single market, especially in the service sector, and enforcement of limits on public aid are of the greatest importance. Copyright IAES 2006

Suggested Citation

  • Leszek Balcerowicz, 2006. "Enlargement, the Lisbon Agenda, and the Economic Development of Member States," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 34(3), pages 261-273, September.
    • Handle: RePEc:kap:atlecj:v:34:y:2006:i:3:p:261-273
    DOI: 10.1007/s11293-006-9015-0
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    References listed on IDEAS

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    1. Alberto Alesina & Silvia Ardagna & Roberto Perotti & Fabio Schiantarelli, 2002. "Fiscal Policy, Profits, and Investment," American Economic Review, American Economic Association, vol. 92(3), pages 571-589, June.
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    6. Rzońca, Andrzej & Ciżkowicz, Piotr, 2005. "Non-Keynesian effects of fiscal contraction in new member states," Working Paper Series 519, European Central Bank.
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    Cited by:

    1. Nikolay Nenovsky, 2010. "Monetary Regimes In Post-Communist Countries Some Long-Term Reflections," Analele Stiintifice ale Universitatii "Alexandru Ioan Cuza" din Iasi - Stiinte Economice (1954-2015), Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 57, pages 217-234, november.

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    More about this item

    Keywords

    F02; O52;

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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