Abstract

The process of European political and economic integration is now being extended to Central and Eastern Europe. Eight countries from Central Europe will soon join the EU, and some have already been admitted to NATO and the OECD. This integration has been made possible by broad economic and political reforms that have led to the rapid institutional convergence of Central and East European countries (CEECs) towards Western economic and political institutions. The latter is a welcome phenomenon as it diminishes the risk of conflicts arising from ideological and systemic differences between countries. It has also caused many observers and politicians to believe that, after centuries of wars, conflicts and divisions, Europe at last has the chance to become an area of peace and stability.

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