Policy Article

Knocking on the Door: The Baltic Rim Transition Countries Ready for Europe?

In: Hedegaard, L., and B. Lindström (eds.), The NEBI Yearbook 2003 - North European and Baltic Sea Integration. Berlin 2003: 21-46.

The contribution deals with the progress of institutional reform in the Economies in Transition (EIT) on the Eastern Baltic Rim: Poland, Estonia, Latvia, and Lithuania. The criteria of successful reform are derived from the framework of a functioning market economy and from the rules of the EU’s acquis communautaire. Moreover, Polish, Estonian, Latvian, and Lithuanian Foreign trade patterns are discussed and the state of economic integration which has been achieved so far is analysed. Trade entropies and a gravity model serve as analytical tools.