A Critical Analysis of the Advantages and Disadvantages Associated with the CEEC Economies Joining the European Union

By

ACKNOWLEDGEMENT

First of all, it would give me great pleasure to show my gratitude to my professor, for his propositions, remarks, understanding and patience. It would also be an honour to express gratitude to my parents, my mother, my father, my sister and my brother for their endless support in my life and allowing me to make all my decisions. I would also like to take the opportunity to show appreciation to my co-workers for their expert cooperation on every occasion. I would also like to be grateful to the Department, managers of the university, instructors and students who have supported me throughout this research.

DECLARATION

I declare that the content presented in this thesis/dissertation is, in my understanding and opinion, original and has not been presented for scholarly assessment in the past, either completely or partly, for an academic degree at this educational institution or elsewhere. I would also like to admit that I have studied and understood the principles, prerequisites, processes and guidelines of the University regarding the higher academic degree research award and to my dissertation. I would also like to declare that I have abided by the University's principles, prerequisites, processes and guidelines.

ABSTRACT

In this study we try to explore the concept of a critical analysis of the advantages and disadvantages associated with the CEEC Economies joining the European Union in a holistic context. The main focus of the research is on CEEC Economies and its relation with European Union. The research also analyzes many aspects of CEEC Economies and tries to gauge its advantages and disadvantages that are associated with it. Finally the research describes various factors that are examined related to theoretical background and previous effects of researches and they can be stated in terms of significant positive affects in the long run that cost of accession and tries to describe the overall effect in which pros and cons related to CEEC. As shown in the EU plan of audit, specifically advance should be made in the accompanying euro zones: fixing all available attention assets on the Europe 2020 goals and targets.

ACKNOWLEDGEMENT1

DECLARATION2

ABSTRACT3

CHAPTER 1: INTRODUCTION6

1.1 Background of the Research Study6

1.2 Statement of the problem11

1.3 Research Questions12

1.4 Purpose of the study12

1.5 Aim and Objectives of the Research Study13

1.6 Significance of the Research Study13

1.7 Organization of Chapters14

CHAPTER 2: LITERATURE REVIEW15

2.1 Conceptual Framework15

2.2 Literature Review20

2.2.1 Fiscal blend, corner effects, and the reasonable examination on dollarization20

2.2.2 Currency Sheets21

2.2.3 Euroisation and advancement to the EU and EMU25

2.2.4 Full Euro European Union (EMU) will increase trade29

2.2.5 The guarantee of value transparency31

2.2.6 The Euro will assist diminish Asymmetric stuns:32

2.2.7 Swelling order and Commitment Gains from it:34

2.2.8 Speculative Costs of the Euro:35

2.2.9 The Euro and deviated stuns:37

2.2.10 Absence of modification component to unbalanced stuns38

2.2.11 Misfortune of downgrading as an instrument of investment approach:39

CHAPTER 3: METHODOLOGY41

3.1 Research Design41

3.2 Data Collection Process42

3.4 Research Participants43

3.5 Sampling Technique44

3.6 Reliability and Validity44

CHAPTER 4: DISSCUSSION AND ANALYSIS46

4.1 Descriptive Analysis46

4.1.1 EMU - an Ex-Post Evaluation of Costs and ...