Structural Convergence of European Economies – Literature Review Cover Image

Структурна конвергенция на европейските икономики – преглед на литературата
Structural Convergence of European Economies – Literature Review

Author(s): Dimitar D. Damyanov
Subject(s): Politics / Political Sciences, Politics, Economy, Supranational / Global Economy, EU-Accession / EU-DEvelopment
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: economic Integration; structural change; structural convergence; monetary unions

Summary/Abstract: Structural convergence in the EU is regarded as an important prerequisite for the efficient functioning of the Economic and monetary union. This article presents a brief review of the existing theoretical and empirical literature regarding the convergence of output structures among countries. The analysis of the theoretical literature identifies a wide variety of factors driving the process. In line with that, conflicting evidence about the EU’s past experience with convergence can be found in empirical studies.

  • Issue Year: 5/2019
  • Issue No: 5
  • Page Range: 217-230
  • Page Count: 14
  • Language: Bulgarian