European Union economic integration from the Central and Eastern European socioeconomic development perspective: impossible trinity

Persistent URL of this record https://hdl.handle.net/1887/137239

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International Relations (MA)

Vaitys, Martynas (2020)

European Union economic integration from the Central and Eastern European socioeconomic development perspective: impossible trinity

Master thesis | International Relations (MA)

Trilemma of the World Economy was introduced by Dani Rodrik in order to explain conflicting nature of the existing democratic consensus between the populous and the state in the highly integrated economic environments such as the European Union. The same theoretical outlook was applied into analysis of Central and Eastern European States socioeconomic conditions amidst accession into Eurozone to showcase how European Monetary Integration works against CEE states ability to 'catch up' with the West. Qualitative Comparative Analysis will explain to what extent the knowledge of the above mentioned pattern discouraged Poland and Hungary to join the EMU.

European Union

Eurozone

Monetary policy

Socioeconomic development

Economic trilemma

Economic integration

Eastern Europe

post communist states

Fiscal consolidation