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    EU free market rules: strategic options for transition economies.

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    Authors
    Yeoh, Peter
    Issue Date
    2006
    
    Metadata
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    Abstract
    Purpose – This article seeks to examine the strategic options open to transition economies in Central and Eastern Europe in the face of intense competition in two highly sensitive economic sectors within the EU. Design/methodology/approach – This exploratory paper makes use of cross-country case analysis. Findings – The investigation demonstrated that protective mechanisms are used in veiled fashion to some degree even amongst the more economically advanced members of the EU and not just the transition economies as commonly perceived. It further argues that whilst a free and open EU will contribute to the quicker full realisation of its common market aspirations, transition economies are currently not adequately prepared for its required economic adjustments. Transition economies may need to respond in measured phases, taking into account its economic and political limitations. Otherwise, it might not be able to withstand the full onslaught of globalisation. Practical implications – This research challenges the one size fits all notion of zealous free marketers and offers a middle ground strategic option for transition economies in the EU for further evaluation by policy makers and academics alike. Originality/value – This research uses two highly economic sectors in the EU to argue for a more middle ground strategic economic strategy for transition economies in Central and Eastern Europe. This contrasts with the more global agenda of liberal economics.
    Citation
    Managerial Law, 48(5): 495-510
    Publisher
    Emerald Group Publishing Limited
    Journal
    Managerial Law
    URI
    http://hdl.handle.net/2436/26297
    DOI
    10.1108/03090550610715981
    Additional Links
    http://www.emeraldinsight.com/Insight/viewContentItem.do?contentType=Article&contentId=1581766
    Type
    Journal article
    Language
    en
    ISSN
    0309-0558
    ae974a485f413a2113503eed53cd6c53
    10.1108/03090550610715981
    Scopus Count
    Collections
    Faculty of Social Sciences

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