
The Design of the EU after Enlargement: Customs Union or Common Market with New Members ?
The Design of the EU after Enlargement: Customs Union or Common Market with New Members ?
- Ibolya Mile
- 세종대학교 경제통합연구소
- Journal of Economic Integration
- 제17권 제2호
- 등재여부 : KCI등재
- 2002.06
- 243 - 261 (19 pages)
The present paper tries to give support for the decision whether to let the candidates for European Union get members of the Single European Market or just build a customs union with them and hinder free migration while capital movements were still allowed for. On the basis of a simple theoretical analysis we will see that there is no rationale for the EU not to let the new members get full members of the Union. As soon as capital is free to move, it can serve for factor price equalisation even if mass immigration to the Union is kept away.
Ⅰ. Introduction
Ⅱ. Factor Proportion Model
Ⅲ. Technological Differences
Ⅳ. Trade and Price Effects
Ⅴ. Trade Structures of the Candidates with the European Union
Ⅵ. Conclusion