Transformation of CEEC agriculture and integration with the EU: progress and issues.

TL;DRAbstract

The progress in economic transformation and integration with the EU undertaken during the decade of the 1990s by the 10 countries in Central and Eastern Europe that have applied for EU membership is reviewed. The analysis focuses on three main issues: the justification for the categorization of the CEECs into two groups of five countries for accession negotiations, the relative importance of the CEEC agricultural sector during the reforming the decade, and the degree of convergence of CEEC agricultural policy with that of the EU. It is concluded that there are sound economic reasons for the partitioning of the CEECs into the two groups, or waves, for the purpose of identifying their readiness for accession to the EU, based on their macroeconomic stabilization, their growth record, the degree of privatization, liberalization, institutional restructuring and their success in attracting foreign direct investment.

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