The Belgian Curtain: Europe after CommunismVaknin, Samuel
History
The Belgian Curtain: Europe after Communism
Vaknin, Samuel
Europe -- Politics and government -- 1989-; Post-communism -- Europe
Moreover, the sheer weight of their agricultural sectors and the
backwardness of their infrastructure can force a reluctant EU to reform
its inanely bloated farm and regional aid subsidies, notably the Common
Agricultural Policy. That the EU cannot afford to treat the candidates
to dollops of subventioary largesse as it does the likes of France,
Spain, Portugal, and Greece is indisputable.
But even a much-debated phase-in period of 10 years would burden the
EU's budget - and the patience of its member states and denizens - to
an acrimonious breaking point.
The countries of central and eastern Europe are new consumption and
investment markets. With a total of 300 million people (Russia
counted), they equal the EU's population - though not its much larger
purchasing clout. They are likely to while the next few decades on a
steep growth curve, catching up with the West. Their proximity to the
EU makes them ideal customers for its goods and services. They could
provide the impetus for a renewed golden age of European economic
expansion.
Central and eastern Europe also provide a natural land nexus between
west Europe and Asia and the Middle East. As China and India grow in
economic and geopolitical importance, an enlarged Europe will find
itself in the profitable role of an intermediary between east and west.
The wide-ranging benefits to the EU of enlargement are clear,
therefore. What do the candidate states stand to gain from their
accession? The answer is: surprisingly little. All of them already
enjoy, to varying degrees, unfettered, largely duty-free, access to the
EU. To belong, a few - like Estonia - would have to dismantle a much
admired edifice of economic liberalism.
Most of them would have to erect barriers to trade and the free
movement of labor and capital where none existed.
All of them would be forced to encumber their fragile economies with
tens of thousands of pages of prohibitively costly labor, intellectual
property rights, financial, and environmental regulation. None stands
to enjoy the same benefits as do the more veteran members - notably in
agricultural and regional development funds.
Joining the EU would deliver rude economic and political shocks to the
candidate countries. A brutal and rather sudden introduction of
competition in hitherto much-sheltered sectors of the economy, giving
up recently hard-won sovereignty, shouldering the debilitating cost of
the implementation of reams of guideline, statutes, laws, decrees, and
directives, and being largely powerless to influence policy outcomes.
Faced with such a predicament, some countries may even reconsider.
Switching Empires
By: Dr. Sam Vaknin
Also published by United Press International (UPI)
Public-domain text, read in full here on John Shaqi.
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