Michael Artis is Professorial Fellow at the European University Institute in Florence. Anindya Banerjee is Professor at the European University Institute and a Fellow of Wadham College, Oxford. Massimiliano Marcellino is Associate Professor of Econometrics at Bocconi University in Milan.

Review of the hardback: 'The economic impacts of the recent enlargement of the European Union on both old and new member states have come to the forefront of political debate across Europe. This timely volume brings clear-headed depth to the subject, with its valuable and well-grounded analyses that draw on state-of-the art research by an international team of economists.' Helen Wallace, Director, Robert Schuman Centre for Advanced Studies, European University Institute

• List of figures; List of tables; Notes on contributors; Acknowledgements; Introduction Michael Artis, Anindya Banerjee and Massimiliano Marcellino; 1. New member states: macroeconomic outlook and forecasts Emilio Rossi and Zbyszko Tabernacki; 2. The asymmetric impact of enlargement of old and new Member States: a general equilibrium approach Mohamed Hedi Bchir, Lionel Fontagné and Paolo Zanghieri; 3. Changes in the spatial distribution patterns of European regional activity: the enlargements of the mid-1980s and 2004 Toni Mora, Esther Vayá and Jordi Suriñach; 4. Forecasting macroeconomic variables for the new Member States Anindya Banerjee, Massimiliano Marcellino and Igor Masten; 5. The cyclical experience of the new Member States Michael Artis, Massimiliano Marcellino and Tommaso Proietti; 6. Demand and supply shocks in the new Member States Raúl Ramos and Jordi Suriñach; 7. Monetary transmission in the new Member States Raúl Ramos and Jordi Suriñach; 8. Promoting fiscal restraint in three Central European Member States Emilio Rossi and Zbyszko Tabernacki; 9. Current accounts dynamics in new Members State Paolo Zanghieri; 10. Challenges to banking sector stability in selected new Member States Charles Movit; 11. Infrastructure investments as a tool for regional development policy: lessons from the Spanish evidence Rosina Moreno, Enrique López-Bazo and Manuel Artis; 12. TFP, costs and public infrastructure: an equivocal relationship Eliana La Ferrara and Massimiliano Marcellino; 13. Regional policies after the EU enlargement Michele Boldrin; Index.

Michael Artis is Professorial Fellow at the European University Institute in Florence. Anindya Banerjee is Professor at the European University Institute and a Fellow of Wadham College, Oxford. Massimiliano Marcellino is Associate Professor of Econometrics at Bocconi University in Milan.

Review of the hardback: 'The economic impacts of the recent enlargement of the European Union on both old and new member states have come to the forefront of political debate across Europe. This timely volume brings clear-headed depth to the subject, with its valuable and well-grounded analyses that draw on state-of-the art research by an international team of economists.' Helen Wallace, Director, Robert Schuman Centre for Advanced Studies, European University Institute

• List of figures; List of tables; Notes on contributors; Acknowledgements; Introduction Michael Artis, Anindya Banerjee and Massimiliano Marcellino; 1. New member states: macroeconomic outlook and forecasts Emilio Rossi and Zbyszko Tabernacki; 2. The asymmetric impact of enlargement of old and new Member States: a general equilibrium approach Mohamed Hedi Bchir, Lionel Fontagné and Paolo Zanghieri; 3. Changes in the spatial distribution patterns of European regional activity: the enlargements of the mid-1980s and 2004 Toni Mora, Esther Vayá and Jordi Suriñach; 4. Forecasting macroeconomic variables for the new Member States Anindya Banerjee, Massimiliano Marcellino and Igor Masten; 5. The cyclical experience of the new Member States Michael Artis, Massimiliano Marcellino and Tommaso Proietti; 6. Demand and supply shocks in the new Member States Raúl Ramos and Jordi Suriñach; 7. Monetary transmission in the new Member States Raúl Ramos and Jordi Suriñach; 8. Promoting fiscal restraint in three Central European Member States Emilio Rossi and Zbyszko Tabernacki; 9. Current accounts dynamics in new Members State Paolo Zanghieri; 10. Challenges to banking sector stability in selected new Member States Charles Movit; 11. Infrastructure investments as a tool for regional development policy: lessons from the Spanish evidence Rosina Moreno, Enrique López-Bazo and Manuel Artis; 12. TFP, costs and public infrastructure: an equivocal relationship Eliana La Ferrara and Massimiliano Marcellino; 13. Regional policies after the EU enlargement Michele Boldrin; Index.

Michael Artis is Professorial Fellow at the European University Institute in Florence. Anindya Banerjee is Professor at the European University Institute and a Fellow of Wadham College, Oxford. Massimiliano Marcellino is Associate Professor of Econometrics at Bocconi University in Milan.

Review of the hardback: 'The economic impacts of the recent enlargement of the European Union on both old and new member states have come to the forefront of political debate across Europe. This timely volume brings clear-headed depth to the subject, with its valuable and well-grounded analyses that draw on state-of-the art research by an international team of economists.' Helen Wallace, Director, Robert Schuman Centre for Advanced Studies, European University Institute

• List of figures; List of tables; Notes on contributors; Acknowledgements; Introduction Michael Artis, Anindya Banerjee and Massimiliano Marcellino; 1. New member states: macroeconomic outlook and forecasts Emilio Rossi and Zbyszko Tabernacki; 2. The asymmetric impact of enlargement of old and new Member States: a general equilibrium approach Mohamed Hedi Bchir, Lionel Fontagné and Paolo Zanghieri; 3. Changes in the spatial distribution patterns of European regional activity: the enlargements of the mid-1980s and 2004 Toni Mora, Esther Vayá and Jordi Suriñach; 4. Forecasting macroeconomic variables for the new Member States Anindya Banerjee, Massimiliano Marcellino and Igor Masten; 5. The cyclical experience of the new Member States Michael Artis, Massimiliano Marcellino and Tommaso Proietti; 6. Demand and supply shocks in the new Member States Raúl Ramos and Jordi Suriñach; 7. Monetary transmission in the new Member States Raúl Ramos and Jordi Suriñach; 8. Promoting fiscal restraint in three Central European Member States Emilio Rossi and Zbyszko Tabernacki; 9. Current accounts dynamics in new Members State Paolo Zanghieri; 10. Challenges to banking sector stability in selected new Member States Charles Movit; 11. Infrastructure investments as a tool for regional development policy: lessons from the Spanish evidence Rosina Moreno, Enrique López-Bazo and Manuel Artis; 12. TFP, costs and public infrastructure: an equivocal relationship Eliana La Ferrara and Massimiliano Marcellino; 13. Regional policies after the EU enlargement Michele Boldrin; Index.