International Finance Review
Neo-Transitional Economics
Emerald Group Publishing Limited
Volume
16
ISBN electronic:
978-1-78441-681-2
ISBN print:
978-1-78441-682-9
Series ISSN:
1569-3767
Publication date:
2015
Book Chapter
No Convergence in the Central Eastern European New Member States: A Multi Indicator Analysis
Zoltán Pogátsa
© 2015 Emerald Group Publishing Limited
2015
Emerald Group Publishing Limited
-
Published:2015
Citation
Zoltán Pogátsa, 2015. "No Convergence in the Central Eastern European New Member States: A Multi Indicator Analysis", Neo-Transitional Economics
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© 2015 Emerald Group Publishing Limited
2015
Emerald Group Publishing Limited
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.
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