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accession countries Agricultural Policy agricultural sector Austria average Balassa-Samuelson effect Barrell barriers budget Bulgaria business environment candidate countries capital flows CEECs cent of GDP Central and Eastern central bank changes competitiveness convergence Czech Republic deficit differentials discussed domestic East Germany Eastern Europe emigration employment EMU membership ERM-II estimates Estonia Euro Area European Commission European Union EUROSTAT exchange rate regime exports FDI flows FDI inflows Foreign Direct Investment free movement GDP per capita Greece growth Hungary immigration impact important improve income increase incumbent member inflation rate infrastructure institutions integration interest rates join EMU labour market Latvia liberalisation Lithuania Maastricht criteria macroeconomic migration flows monetary policy output Poland population Portugal previous enlargements real appreciation real exchange rate reforms regions relatively Romania significant significantly Single Market Slovak Republic Slovenia Spain structural suggest Table target trade transition countries transition economies wage workers
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