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N° 222 |
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| April 2003 |
| Everyone Will Gain
from Enlargement, Won’t They? |
Hedi Bchir
Lionel Fontagné
Paolo Zanghieri |
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| The next enlargement will be
an event of unprecedented political and institutional importance for the European
Union. The development gap between the present and future members will also make
this an original economic experiment. But trade is already largely liberalised,
as investors have anticipated membership. The consequences of enlargement are
therefore likely to have less to do with massive competition in a few industries
than complex changes in integrating markets. Simulations carried out using the
mirage model indicate that belonging to a vast single market will provide substantial
gains for the new members which will also benefit from joining the Common Agricultural
Policy. |
Abstract |
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Full
text (pdf) |
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| The
Impact of EU Enlargement on Current Member States: a CGE Approach, Working
Paper n° 03-10, August 2003 |
Reference Working Paper |
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