April 11, 2008
The unification of Europe after the fall of the Wall has fundamentally changed the dynamics of economic and social development in Europe. The formerly peripherical regions had low growth rates and people were emigrating. In the enlarged Europe these countries have the highest growth rates and they have became immigration target countries.
I think these data show that the EU works well. The Single Market and cohesion measures reduce the differences between poor and rich regions. The poorer peoples and regions can compete and work their way up in the social ladder. I think that in the long run labor is the most important input, and the migration of the workforce has the closest relationship with long-term growth prospects. I also believe that these data should persuade people in the Balkans who are hesitating to take European integration seriously to add some empirical facts to the pro side. (Click on the image to open ManyEyes data visualization tool. ManyEyes require Java and may be very slow on old computers or low bandwidth).Author : Dániel Antal