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The Impact Of EU Membership on Estonia - Essay Example

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Name Subject Date Outline Introduction………………………………………………………………………………….3 Trade and FDI (intra EU and Extra EU) Trade………………………………………………………………………………….4 Estonia’s position in the world……………………………………………………….4 Intra-EU and Extra-EU trade…………………………………………………………7 Intra EU trade…………………………………………………………………………9 Extra EU trade…………………………………………………………………………
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The Impact Of EU Membership on Estonia
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The Impact Of EU Membership on Estonia

Download file to see previous pages... loose monetary policy……………………………………………………...21 Currency board………………………………………………………………………..21 Fiscal policy…………………………………………………………………………...26 Tight and loose fiscal policy…………………………………………………………..26 Debt………………………………………………………………………………...…27 Deficit…………………………………………………………………………………28 Maastricht criteria……...
………………………………………………………………………………….31 Agricultural and regional conditions………………………………………………………….32 Conclusion…………………………………………………………………………………….34 References…………………………………………………………………………………….35 Appendix……………………………………………………………………………………...38 1. Introduction In 1997, EU decided to give 5 central and Eastern Europe countries a chance to join EU, one of the countries was Estonia. This is where the journey of Estonia into joining the EU started. In 1998, Europe agreement came into force and this was the legal basis between Estonia and EU until 2004 when a full accession treaty was signed in 2004. The Europe agreement contained cooperation’s in political affairs, economy, trade, crime prevention and culture (Angelopoulos, Economides, and Kammas 2007, p.890). The agreement promoted bilateral relations between Estonia and European Union. The agreement also helps Estonia ambitions to grow its economy and carry out comprehensive reforms in leadership and trade. Further more, it created conditions for expansion of free trade relations. Some of the reasons why Estonia wanted to join the EU was to have free trading conditions for agricultural products, fish products and processed agricultural products (Angelopoulos, Economides, and Kammas 2007, p.890). They also wanted the subsidies for EU agricultural products eliminated on agricultural exports and bringing to an end the unfair practice of anti dumping. Another reason was the problem of customs and duty free services that Estonia encountered ...Download file to see next pagesRead More
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