No Convergence in the Central Eastern European New Member States: A Multi Indicator Analysis

Abstract

This paper looks at the convergence of CEE economies to North-western Europe (Austria, Belgium, Denmark, France, Germany, Ireland, Netherlands, Norway, the United Kingdom, Sweden, and Switzerland, simplified in this study as ‘Western Europe’) in terms of indicators other than GDP, which are more relevant reflections of the welfare level of everyday citizens. It finds that contrary to the results of studies concentrating solely on GDP, a multi indicator analysis reveals a slow but definite divergence rather than convergence.

Citation

Pogátsa, Z. (2015), "No Convergence in the Central Eastern European New Member States: A Multi Indicator Analysis", Neo-Transitional Economics (International Finance Review, Vol. 16), Emerald Group Publishing Limited, Leeds, pp. 363-376. https://doi.org/10.1108/S1569-376720150000016015