Lecture 10
Political Economy of
Enlargement

Pimp my Trabant?

EU Law a base for
Comp. Policy?

Confusing
Issues

Can’t get in?
New Entrants

Country Level of Development Industry as % of GDP
Bulgaria m 59
Czech R. h 59
Estonia h 44
Poland m 52
Slovakia m 58
Slovenia h 44
Source: Estrin & Holmes, table 1.1, pg 14, adapted

(core-periphery arguments)

Yes, that was a crap joke

Convergence vs.
Divergence

Stiglitz & Greenwald
Model

Labour per unit of industrial or
D D
CI , CA ag. output in developed country
Labour per unit of industrial or
L L
CI , CA ag. output in Less Developed
country
D ,L Quantity of output in Ag./
Q I ,A Industry in Developed/Less
Developed

Next Week
International Trade,
Tariffs, and
Globalisation
Read
Shaikh, Anwar, Globalization and
the Myth of Free Trade