1 / 7

The Vienna Institute for International Economic Studies

Wiener Institut für Internationale Wirtschaftsvergleiche (wiiw). The Vienna Institute for International Economic Studies. Introduction. S á ndor Richter. richter@wiiw.at. http://www.wiiw.ac.at/. Triangle of the enlargement process. The existence of a functioning market economy (1).

davida
Download Presentation

The Vienna Institute for International Economic Studies

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Wiener Institut für Internationale Wirtschaftsvergleiche (wiiw) The Vienna Institute for International Economic Studies Introduction Sándor Richter richter@wiiw.at http://www.wiiw.ac.at/

  2. Triangle of the enlargement process

  3. The existence of a functioning market economy (1) The existence of a functioning market economy is assessed an the basisof whether: • Equilibrium between demand and supply is established by the free interplay of market forces; prices, as well as trade, are liberalised; • Significant barriers to market entry (establishment of new firms) and exit (bankruptcies, liquidations) are absent; • The legal system, including the regulation of property rights, is in place; laws and contracts can be enforced;

  4. The existence of a functioning market economy (2) • Macro‑economic stability has been achieved including adequate price stability and sustainable public finances and external accounts; • Broad consensus about the essentials of economic policy; • The financial sector is sufficiently well developed to channel savings towards productive investment.

  5. The capacity to withstand competitive pressure and market forces within the Union (1) • This sub‑criterion is assessed on the basis of the following: • the existence of a functioning market economy, with a sufficient degree of macro‑economic stability for economic agents to make decisions in a climate of stability and predictability; • a sufficient amount, at an appropriate cost, of human and physical capital, including infrastructure (energy supply, telecommunications, transport etc), education and research and future developments in this field; • the extent to which government policy and legislation influence competitiveness through trade policy, competition policy, state aids, support for SMEs, etc;

  6. The capacity to withstand competitive pressure and market forces within the Union (2) • the degree and the pace of trade integration a country achieves with the Union before enlargement. This applies both to the volume and the nature of goods already traded with Member States; • the proportion of small firms, partly because small firms tend to benefit more from improved market access, and partly because a dominance of large firms could indicate a greater reluctance to adjust.

  7. Negotiated Chapters 1 Free movement of goods 2 Free movement of persons 3 Free movement of services 4 Free movement of capital 5 Company law 6 Competition & state aid 7 Agriculture 8 Fisheries 9 Transport 10 Taxation 11 EMU 12 Statistics 13 Social policy & employment 14 Energy 15 Industrial policy 16 SMEs 17 Science & research 18 Education & training 19 Telecommunications 20 Culture & audiovisual 21 Regional policy 22 Environment 23 Consumers & health protection 24 Justice & home affairs 25 Customs union 26 External relations 27 Common foreign & security policy 28 Financial control 29 Financial & budgetary provisions 30 Institutions

More Related