State Aid in the new EU Member States.

Holscher, J., Nulsch, N. and Stephan, J., 2017. State Aid in the new EU Member States. Journal of Common Market Studies, 1 - 19. (In Press)

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DOI: 10.1111/jcms.12513

Abstract

In the early phase of transition, which began in the 1990s, Central and Eastern European countries (CEECs) pursued economic restructuring that involved massive injections of state support. With reference to the history of state aid in centrally planned economies, we investigate state aid practices of CEECs since attaining full EU membership. We analyse whether their state aid policies during and after transition challenged European state aid legislation, and whether these fit into the EU strategy of ‘less but better targeted aid’. The data-based analysis is complemented with some indicative insights from state aid in the steel industry as well as the financial service sector to suggest that there is today no significant difference in state aid law application between East and West any more – the new EU members have further caught up by better aligning to the objectives of the State Aid Action Plan.

Item Type:Article
ISSN:1468-5965
Additional Information:We wish to acknowledge support by the Economic and Social Research Council project ‘Access to Finance for SMEs’ under Grant number ES/M002462/1.
Uncontrolled Keywords:Central and Eastern Europe; State Aid Action Plan; compliance; economic transition
Subjects:UNSPECIFIED
Group:Faculty of Management
ID Code:26583
Deposited By: Unnamed user with email symplectic@symplectic
Deposited On:25 Jan 2017 14:37
Last Modified:25 Jan 2017 14:37

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