Three-Year Results of the Poland's Accession to the European Union - An Analysis of Changes of the Selected Indices
14 Pages Posted: 4 Jul 2013
Date Written: August 12, 2007
Last three years brought significant changes in the Polish economy. Poland’s accession to the European Union in May 2004 has strongly affected all sectors of the economy. Those changes were expected before EU enlargement, but not precisely assessed.
Before Poland joined EU, many estimations and analysis of the implications of the EU enlargement for new-comers were made. For example, on the basis of traditional as well as new theories of international trade E. Czarny and G. Lang (2001) concluded that human capital and capital intensive industries suffer after first of May 2004, concurrently income distribution in Poland significantly changes after all.
From the present point of view, and three year experience of EU membership, there is a proper stage for evaluation of the short-run effects of the Poland’s EU accession. Recent changes in Polish economy are assessed in terms of the labor market, international trade, and labor productivity. Comparing the previous findings, based mostly on the theories of trade, to the statistics of changes of the Polish economy in 2005 and 2006, we pointed out some conclusions concerning how expectations, assumptions and theoretical simulations are able to foreseen real economies of integration.
Keywords: economic integration, labor market
JEL Classification: F1
Suggested Citation: Suggested Citation