This compelling volume, from the Centre for Economic Policy Research, examines the discussion surrounding expansion of the European Union (EU). The contributors address the key issues in the debate, including the implications of expansion for the global trading system, enlargement-related pressures to reform EU decision-making, and the economic consequences of membership for entrants. Using theoretical techniques to report results and insights, this book not only sheds light on the consequences of Austria, Finland and Sweden joining the EU, but also discusses and evaluates the possible membership of Central European ex-socialist countries. This is an important book for students and scholars interested in regional integration, and also for policy-makers in the new EU member countries and in applicant countries.
• Examines the implications of enlargement of EU from a global perspective • Investigates how enlargement will effect the fundamental architecture of the European Union • Individual chapters can be used as reading in advanced undergraduate and graduate courses on trade policy and economic integration
1. Introduction Richard E. Baldwin, Pertti Haaparanta and Jaakko Kainder; Part I. Theoretical Issues: 2. A domino theory of regionalism Richard E. Baldwin; Discussion Thorvaldur Gylfason; 3. Customs unions, regional trading blocs and welfare Håkan Nordström; Discussion Ilkka Kajaste; 4. Consumer services and economic integration Pertti Haaparanta and Tiina Heikkinen; Discussion Bernard Hoekman; Part II. Policy Issues: 5. Voting power and control in the EU: the impact of the EFTA entrants Mika Widgrén; 6. Migration in the integrated EU Riccardo Faini; Discussion Pentii Vartia; 7. Trade effects of regional aid Philippe Martin and Carol Ann Rogers; Discussion Harry Flam; Part III. Empirical Issues: 8. Regional effects of European integration Jan I. Haaland and Victor D. Norman; Discussion Carl B. Hamilton; 9. Implications of EU expansion for European agricultural policies, trade and welfare Kym Anderson and Rod Tyers; Discussion Hannu Törmä; 10. The economic consequences of EU enlargement for the entrants: the case of Finland Kari Alho; Discussion Yngve Lindh.