Edited by Gertrude Tumpel-Gugerell and Peter Mooslechner
Chapter 28: Europe - towards economic stability and prosperity?
28. Europe – towards economic stability and prosperity? Brigita Schmögnerová Europe’s position in the world economy in 2020 will very much depend on developments in the EU: (1) EU enlargement; (2) the process of catchingup within the EU and vis-à-vis the US as well as developments in non-EU European economies, in particular the Russian Federation and perhaps some other European CIS countries; (3) the expansion of the euro zone and the performance of the euro. 1. THE EU IN 2020 What might the EU look like in 2020? By 2020, the EU can be expected to have changed substantially in terms of geographical frontiers. Today’s EU is on the verge of historic enlargement into former Communist central and Eastern Europe. ● ● The current wave of accession looks set to happen in 2004, enlarging today’s 15-member EU to a 25-member entity. Bulgaria and Romania could join in 2007, as long as – according to the European Commission – the ongoing reforms to implement the acquis, to tackle corruption and to improve the public administration and the judiciary system continue. As regards Turkey, another aspiring member, the European Commission’s most recent Progress Report assessment was that the political criteria to open accession negotiations with the EU have not been fully met. Concerns focus on the independence of the judiciary, continuous allegations of torture and ill treatment in prisons and the status of religious and ethnic minorities. However, the growing commitments of the Turkish government to comply with the Copenhagen political criteria and Turkish pressure...
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.