This book investigates the complex macroeconomic adjustments undertaken by the new member states of the European Union following their accession. Edited by Jürgen von Hagen, a distinguished economist, this volume draws upon analyses of fiscal and monetary policies, labor market dynamics, and structural reforms implemented by these nations. It aims to provide a comprehensive overview of the challenges and successes encountered in integrating into the EU's economic framework.

This collection of analyses is likely to be of significant interest to academics, policymakers, and students specializing in European economic integration and macroeconomics. The focus on the specific experiences of the new member states offers valuable insights into the practical application of economic theory in a post-accession environment. The work provides a detailed examination of the policy choices and their consequences, contributing to a deeper understanding of the economic transformations within the EU.