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A Theoretical and Historical Overview
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accession acquis communautaire agreements average Bulgaria Candidate Countries capital inflows CECs CEE countries CEEC CEEC's Celtic tiger cent Central and Eastern cohesion countries competitiveness core costs Czech Republic decline deficits devaluation domestic East German Eastern Europe economic growth economic integration economic policy effects enlargement enterprises Euro Euroization European Commission European Union exchange rate exports external F F F factors fiscal foreign GDP per capita Greece growth and convergence growth rates higher human capital Hungary impact important improve income industrial inflation targeting interest rates International investment Ireland Irish Krugman less lower Lucjan macroeconomic manufacturing membership Mezzogiorno monetary policy oil price Orlowski output percentage points period periphery Poland political Portugal potential productivity gap promoting real wages regime regions relatively result rising Romania sector Slovakia Slovenia Spain stability structural funds substantially tariffs TNCs tradable trade liberalization transition unemployment West Germany