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N° 102 |
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Issue 2, 2005 |
Central
and East European Industry in an Enlarged European Union: Restructuring, Specialisation
and Catching-up |
Peter Havlik |
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The Central and East
European Accession Countries (ACs) have gone through a dramatic process of structural
adjustment in which their integration into trade and production systems with the
EU, fostered especially by inflows of FDI, has played a major role. Using detailed
national statistics on production, employment and FDI (at 2-digit NACE level),
as well as Eurostat data on manufacturing industry trade, this paper analyses
the emerging patterns of ACs’ industrial specialisation and identifies sectors
where productivity catch-up has been most pronounced. This paper attempts to outline
the emerging position of the ACs’ industries (and their individual sectors)
within the enlarged EU. While EU accession will not bring any additional, dramatic
changes to industry (owing to the high degree of integration in this area which
already exists), there are some sectors that will be affected by differentiated
patterns of growth and cost structures. |
Abstract |
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Full Text |
CEE
Acceding Countries; Industrial Restructuring; Productivity; Growth, Foreign Direct
Investments |
Keywords |
F14;
F15; J3; L6; O14; P27 |
JEL classification |
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