000			02918nam a22004457u 4500
001			pwiiw7468
003			OSt
005			20260518120040.0
008			251117t2025 au ||||| |||| 00| ||eng d
040			_cOSt
041			_aeng
084			_aF02 _aF15 _aF55 _aP52 _aO52 _2jelc
100	1		_aGrieveson, Richard
245	1	0	_aAnother Round of EU Enlargement: What are the economic and institutional must-haves for candidate countries to make accelerated enlargement possible?
260			_aWien : _bWiener Institut für Internationale Wirtschaftsvergleiche (wiiw), _c2025.
300			_a104 S., _b2 Tables and 63 Figures, _c30cm.
490	1		_awiiw Policy Notes and Reports _v102
520			_aThis study identifies the minimum economic and institutional conditions that candidate countries must meet to ensure macroeconomic stability, sustainable growth, and effective integration into the EU, under a politically accelerated enlargement process. In the area of external accounts, successful past accessions managed current account deficits through FDI into tradable sectors, while real effective exchange rate misalignments and FDI into non-tradables led to post-accession instability. Key reforms include building export capacity, targeting FDI to tradables, aligning wages with productivity, and reducing debt-financed imbalances. On fiscal policy, while fiscal discipline is essential, overly conservative approaches can hinder growth. Countries with high debt-to-GDP ratios at accession faced prolonged austerity. Reforms should focus on fiscal sustainability, growth-oriented spending, tax base expansion, and procurement transparency. Labour market challenges include depopulation, low productivity, and high poverty. Effective employment policies, migration strategies, regional equity, and education-labour market alignment are essential. Institutional quality remains a critical barrier. Weak rule of law, corruption, and governance backsliding threaten accession prospects and must be addressed before accession. The study concludes that a focused set of pre-accession ‘must haves’ can guide enlargement, supported by adapted EU tools to mitigate risks and foster convergence.
650			_aEU Enlargement
650			_aEU Accession
650			_aCandidate Countries
650			_aUkraine
650			_aWestern Balkans
651			_aBulgaria
651			_aCroatia
651			_aMontenegro
651			_aRomania
651			_aSerbia
651			_aUkraine
690			_aMacroeconomic Analysis and Policy
690			_aLabour, Migration and Income Distribution
690			_aInternational Trade, Competitiveness and FDI
700	1		_aGutzianas, Ioannis
700	1		_aJovanović, Branimir
700	1		_aLandesmann, Michael
700	1		_aPindyuk, Olga
830		0	_v102 _wWIIW0000092 _twiiw Policy Notes and Reports
856	4	0	_uhttps://wiiw.ac.at/p-7468.html
942			_cP
999			_c9150 _d9150