53851. Coming to Terms with a Larger Europe: Options for Economic Integration
- Author:
- Helen Wallace
- Publication Date:
- 05-1998
- Content Type:
- Working Paper
- Institution:
- Berkeley Roundtable on the International Economy
- Abstract:
- Two contending logics have so far dominated the debate on how the countries of central and eastern Europe (CEECs) might become part of a single European economic space. One is a common sense and incremental logic of economic liberalisation; and the other is the logic of conventional enlargement of the European Union (EU). The first incremental logic starts from the simple proposition that the establishment and sustenance of market economies in the CEECs requires their inclusion in a multilateral regime of trade and payments as quickly as possible, and their coverage by the kinds of market regulation mechanisms that have now been established in western Europe through the single European market (SEM). The second logic of EU enlargement requires the incumbent EU members to accept the accession of the CEECs (or some of them) as full family members. It would mean the application of the whole range of EU policies across pan-Europe.
- Topic:
- International Organization
- Political Geography:
- Europe and Eastern Europe