scholarly journals Investment Attractiveness. The Case Of The Visegrad Group Countries

2016 ◽  
Vol 19 (1) ◽  
pp. 117-138 ◽  
Author(s):  
Tomasz Dorożyński ◽  
Anetta Kuna-Marszałek
Keyword(s):  
Pearson Correlation ◽  
Rank Correlation ◽  
The European Union ◽  
Member States ◽  
New Member States ◽  
Eu Member States ◽  
Spearman’S Rank Correlation ◽  
Global Performance ◽  
Visegrad Group ◽  
New Eu Member States

In the article, we attempt to assess the investment attractiveness of the New EU Member States, using the Visegrad Group countries as examples. This study is structured as follows: First, it explores the existing literature on factors of investment attractiveness. Further we examine inward foreign direct investment flows in the Visegrad Group countries against the global performance in the area from 1990 to 2013. Next we discuss the investment attractiveness of New Member States of the European Union in selected international rankings, paying special attention to the positions occupied by the four analysed countries. The final part examines the correlation between selected variables characteristic of investment attractiveness and the inflow of foreign investment. The study is based on statistical methods (Spearman’s rank correlation and Pearson correlation). At the end we present our conclusions.

scholarly journals Constitutional Courts and the Rule of Law in the New EU Member States

2019 ◽  
Vol 44 (2) ◽  
pp. 202-231
Author(s):  
Angela Di Gregorio
Keyword(s):  
Rule Of Law ◽  
The Other ◽  
The European Union ◽  
Constitutional Courts ◽  
Member States ◽  
The Rule Of Law ◽  
New Member States ◽  
Eu Member States ◽  
Communist Countries ◽  
New Eu Member States

This paper analyses the use of the rule-of-law principle in the jurisprudence of the constitutional courts of the new Member States of the European Union. The purpose is to discover whether past or recent decisions could clarify the use of the principle in these countries. An example is the legalistic concept of the rule of law as expressed by the Hungarian and Polish constitutional courts in examining the constitutionality of lustration laws. On the other hand, some constitutional courts (such as the Czech one) have used a wider and more sophisticated application of the rule of law. Considering the severe rule-of-law crisis which has been taking place in Hungary and Poland in recent years, this recognition is particularly important in order to avoid cumulative judgments that could devalue the former communist countries in general, trivializing the harsh path of democratic conditionality with its strengths and weaknesses.

scholarly journals Administration of foreign trade advantages and restrictions as the basis of the strategy of the new EU member States

2019 ◽  
Vol 4 (9) ◽  
pp. 25-33
Author(s):  
Елена Горбатенко ◽  
Elena Gorbatenko
Keyword(s):  
European Union ◽  
Foreign Trade ◽  
World Economy ◽  
Modern World ◽  
The European Union ◽  
Foreign Trade Policy ◽  
Member States ◽  
New Member States ◽  
Eu Member States ◽  
New Eu Member States

This article analyzes the current aspects of the management of regional economic integration processes in the context of the entry of new member States into the largest integration grouping in the modern world economy – the European Union (EU). Some components of these processes are considered on the example of a number of European countries that joined the bloc at the stage of 2004-2013. The significant trends in the foreign trade policy of the European Union are identified.

Enlargement Policy

2018 ◽  
Author(s):  
Andrea Ott
Keyword(s):  
Eu Enlargement ◽  
Big Bang ◽  
The European Union ◽  
Member States ◽  
New Member States ◽  
Eu Member States ◽  
External Relations ◽  
Yugoslav Republic ◽  
The Big Bang ◽  
Ongoing Project

The EU enlargement policy was labelled in 2003—shortly before the ‘big bang’ enlargement of 2004—the most successful EU external relations policy. Due to that success, the European Neighbourhood Policy (ENP) has, since 2003, copied certain characteristics of the policy and instruments. However, after the 2004 accession of twelve new Member States and the subsequent accession of Romania and Bulgaria in 2007 and finally of Croatia in 2013, a general enlargement fatigue can be diagnosed among the existing EU Member States. EU Member States have become wary of further accession in times of recurring crises of the European Union project and in light of the challenge of post-accession integration of new Member States, especially of Bulgaria and Romania, as an ongoing project. At the same time they are not willing to abandon such an effective tool for influencing and aligning third countries’ policies to EU law and for stimulating reforms in national administrative and legal orders of neighbouring countries in anticipation of accession. Montenegro, Serbia, and Turkey have started accession negotiations, Albania and the Former Yugoslav Republic of Macedonia secured a recognized candidate status, while Bosnia-Herzegovina and Kosovo are being viewed as potential candidates. While the enlargement policy is still in

Can the European Union Force its Member States to Introduce the Euro?

2019 ◽  
Author(s):  
Markus D.W. Stoffels
Keyword(s):  
European Union ◽  
Exchange Rate ◽  
Convergence Criterion ◽  
The European Union ◽  
Member States ◽  
Eu Member States ◽  
The Past ◽  
The Exchange Rate ◽  
New Eu Member States ◽  
The Eu

In this study, the author addresses the intriguing, topical but little-studied question of whether the (old and new) EU Member States should, upon accession to the EU, be obliged to introduce the euro. To begin with, he examines—while deliberately ignoring the problematic exchange rate convergence criterion—whether introducing the euro should in principle be obligatory. After having answered this question in the affirmative, he takes a closer look at the exchange rate convergence criterion. He concludes that a country’s formal participation in the ERM II is a necessary but insufficient requirement for that country to meet the exchange rate convergence criterion. However, since ERM II membership is, for its part, voluntary, this also makes a country’s decision to introduce the euro completely voluntary. Accordingly, a Member State like Sweden is entitled to simply circumvent introducing the euro by simply refraining from participating in the ERM II. The author continuously refers to how different groups of Member States have been treated in the past with regard to them introducing the euro.

scholarly journals Analysis Of Bankruptcy Law Provisions In New Member EU Countries: Global Competitive Strategy Implications For Multinational Corporations

2011 ◽  
Vol 3 (9) ◽  
Author(s):  
F. J. Brewerton ◽  
Jane LeMaster
Keyword(s):  
Multinational Corporations ◽  
Economic Integration ◽  
Multinational Corporation ◽  
Economic Benefits ◽  
Bankruptcy Law ◽  
Member States ◽  
New Member States ◽  
Eu Member States ◽  
New Eu Member States ◽  
The Eu

Globalization has been responsible for a number of ongoing interrelated trends including an accelerated worldwide movement toward economic integration, an ongoing proliferation of new multinational corporations, a widening search for new economic opportunities by multinational corporations, and an increasing concern for and attention to bankruptcy as a contingency strategy for multinational corporations when primary strategies catastrophically fail. The economic benefits associated with the removal of trade barriers is also attracting new member countries to the EU and other trading blocks but these new member countries bankruptcy law provisions may have uncertain contingency strategy implications for MNCs.This paper comprises (1) a brief summary of the general trends associated with globalization; (2) a discussion of why international bankruptcy law is becoming increasingly important in the formulation of contingency strategy in multinational corporations; (3) a discussion and analysis of bankruptcy law provisions in new EU member states; (4) a discussion of the strategic implications associated with new member states bankruptcy laws; and (5) general conclusions regarding the attractiveness of new member states bankruptcy laws to multinational corporation strategists.

scholarly journals The role of renewable energies in the new EU member states

2021 ◽  
Vol 8 (1) ◽  
pp. 18-25
Author(s):  
Natanya Meyer ◽  
Robert Magda ◽  
Norbert Bozsik
Keyword(s):  
Energy Production ◽  
Fossil Fuel ◽  
Renewable Energies ◽  
Energy Sources ◽  
The European Union ◽  
Member States ◽  
Eu Member States ◽  
New Eu Member States ◽  
The Eu

This article provides an overview of the structure and utilization of the new EU member states (EU-13) energy consumption. During the analysis, it was determined which non-renewable energy carriers were replaced by renewables ones. The replacement of energy sources with each other was analyzed by means of a correlation matrix. Results indicated that coal was replaced by renewable energies in Poland, Czech Republic, Slovakia, Bulgaria and Cyprus. Furthermore, the renewables basically replaced oil in Malta and gas was replaced by renewables in Lithuania. In other countries the relation between renewables and non-renewables could not be detected. The structure of energy production in the EU countries were different due to the differences of natural endowments. The main goal of the European Union energy policy is to reduce the CO2 emission by decreasing the fossil fuel consumption and this finding new ways to replace traditional energy sources is of utmost importance.

scholarly journals New EU member states’ emigration: Projections for future and lessons for the new EU candidates

2020 ◽  
Vol 23 (2) ◽  
pp. 129-140
Author(s):  
Iva Vuksanović Herceg ◽  
Tomislav Herceg ◽  
Lorena Škuflić
Keyword(s):  
Birth Rate ◽  
Gdp Per Capita ◽  
Member States ◽  
New Member States ◽  
Eu Member States ◽  
Percentage Points ◽  
Level Of Economic Development ◽  
Per Capita ◽  
New Eu Member States ◽  
The Eu

AbstractUnlike the old member states that compensate the negative net birth rate with immigration, the new EU member states face both migrational and natural demographic decline. In the last decade, poor level of economic development as well as the accession to the EU encouraged net emigration from the new member states. Panel data for the 12 new member states for the 2007 - 2016 period were used to determine how the length of membership and GDP per capita trailing behind the EU average affect the proportion of the net emigration. It has been shown that on average a country has to reach at least 85 percent of the average EU GDP p.c. (measured in PPS) to prevent emigration, but this level increases with each year of membership by 1.37 percentage points.

Eastern Partnership and the Preferences of New EU Member States

2013 ◽  
Vol 1 (1) ◽  
pp. 29-42
Author(s):  
Matúš Mišík
Keyword(s):  
Member States ◽  
New Members ◽  
Factors Affecting ◽  
Eastern Partnership ◽  
New Member States ◽  
Eu Member States ◽  
The Third ◽  
Factors Influencing ◽  
New Eu Member States ◽  
The Eu

Abstract This paper tries to shed some light on factors influencing the positions of the new member states of the EU on Eastern Partnership in its initial phase. It utilises an analytical approach developed by Copsey and Haughton (2009) and argues that the two most important factors affecting positioning of newcomers towards the initiative are: perceived size and geography. While the new members were especially keen to support their immediate neighbours, they were using a common policy towards these countries to increase their presence and influence in the region since the initiative helped them to deal with neighbourhood issues they were not able to solve on their own. The paper suggests an amendment to the theoretical approach and proposes an assumption explaining positioning of the member states towards the third countries that better reflect the empirical evidence than the original framework. Moreover, the research showed that Poland differed from the rest of the new EU countries, was much more active and influential and rather resembled the old members. However, due to its not very positive image (caused by its assertive approach and strong effort to play a prominent role within the EU) its influence within the EU was limited and, therefore it proposed the Eastern Partnership together with Sweden that held a much better image.

Migration in Europe

2006 ◽  
Vol 198 ◽  
pp. 36-39 ◽  
Author(s):  
Ray Barrell ◽  
Catherine Guillemineau ◽  
Iana Liadze
Keyword(s):  
European Union ◽  
The European Union ◽  
Member States ◽  
Large Wave ◽  
New Member States ◽  
Eu Countries ◽  
Eu Member States ◽  
Standards Of Living ◽  
Recent Developments ◽  
The Uk

Recent developments in the European Union have raised immigration as an issue, especially in the UK. There has been a large wave of migrants into the UK from Poland since its accession in 2004, and as Romania and Bulgaria are preparing to become members of the European Union on 1 January 2007, migration from the new member states to other EU countries has become even more a focus of attention. Concerns over potential immigration towards the old EU member states have been rising because the total population of Bulgaria and Romania is approximately 30 million, a similar size to Poland, and the standards of living in both countries are considerably lower than in the EU-15 member countries, or than in any of the current New Member States. Hence outward migration is more likely to be attractive. The scale of flows will depend upon any restrictions that might be imposed by other member states, but current estimates suggest that 2 million Romanians, for instance, are already at work in the core EU countries.

scholarly journals Comparison of Renewable Energy Sources in ‘New’ EU Member States in the Context of National Energy Transformations

Energies ◽  
2021 ◽  
Vol 14 (23) ◽  
pp. 7963
Author(s):  
Agnieszka Wałachowska ◽  
Aranka Ignasiak-Szulc
Keyword(s):  
Renewable Energy ◽  
Energy Production ◽  
Technological Development ◽  
Renewable Energy Sources ◽  
Energy Sources ◽  
Low Carbon ◽  
The European Union ◽  
Member States ◽  
Eu Member States ◽  
New Eu Member States

The European Union strives to create sustainable, low-carbon economies; therefore, energy policies of all member states should move towards renewable energy sources (RES). That concerns also the so-called new EU member states. These countries, on the one hand, are characterized by significant historical similarities in terms of post-communist legacy and adopted development strategies linked with the EU membership, and on the other hand, by significant social, economic and environmental differences resulting from different transformation and development paths and conditions. The question remains how the selected countries should cope with actions in the field of national energy transformations to confront the multiple challenges linked to assuring a significant level of sustainable development. In order to be successful, it is necessary to conduct an effective and rapid changes in the energy industry, which should be preceded by an analysis of the differentiation of countries in terms of their potentials. The results of such analyses should be helpful in selecting the most appropriate strategies for transformation of the described industry. Therefore, the purpose of the article is to assess the new EU member states for RES diversification and identify similar subgroups of countries using cluster analysis, taking into account the percentage share of individual renewable energy sources in total renewable energy production. This was done for the years 2010, 2015 and 2019 which should allow us to demonstrate the differences between them as a group and also reveal changes recorded over time for a single country. Ward’s method was used for the analysis. The presented approach to the analysis of energy production enabled the acquisition of new knowledge in this field and supported the assessment of the current state of RES. The results obtained can be used in countries of comparable specificity to undertake activities of similar nature in relation to internal energy production, technological development or common energy policy.

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