Magazine article European Business Forum

In My Opinion

Magazine article European Business Forum

In My Opinion

Article excerpt

For those living in the East, enlargement is the only 'realistic utopia'. The road is steep right now and the period of transition is imposing pain and sacrifices on peoples whose only fault was to be born on the wrong side of the Wall. Without the prospect of reaching the shores some day of a 'better world', this path would be meaningless. For Eastern Europeans, this 'better world' is the world next door, the rich and democratic club of European Union nations.

[ILLUSTRATION OMITTED]

Eastern European policy makers need the prospect, if not the promise, of enlargement to help them justify locally tough decisions and to help them counter local resistance to reform and transformations. Enlargement is a rudder and a sting for countries with long-forgotten democratic traditions. The prospect of enlargement, furthermore, sets the rails for change. Eastern European policy makers can use it as a map to transform distorted economies into capitalist market economies. They are likely to adopt and transfer the basic rules of the game as defined in the European Union. This will mean, in time, that these new market economies will easily converse with the Western European economic space. This will clearly be a bonus for Eastern European countries at the moment of enlargement. Interestingly, it is bound also to be a bonus for the European Union in its current borders. It will smooth the way for Western European private actors wanting to do business in this part of the world. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.