THE COMPARATIVE PRICE LEVELS IN  THE EU NEWCOMER COUNTRIES Cover Image

THE COMPARATIVE PRICE LEVELS IN THE EU NEWCOMER COUNTRIES
THE COMPARATIVE PRICE LEVELS IN THE EU NEWCOMER COUNTRIES

Author(s): Chavdar Nikolov
Subject(s): Economy
Published by: ЮГОЗАПАДЕН УНИВЕРСИТЕТ »НЕОФИТ РИЛСКИ«
Keywords: comparative price level; natural comparative advantage; European Union

Summary/Abstract: The paper is intended to present and analyze the comparative price levels in the EU newcomer countries as illustration of the currency purchasing power. The lower comparative price level has been evaluated as some kind of natural comparative advantage of the less developed countries, a chance for the economic progress and hence, for the steady increase of the welfare and in the same time as a reliable guaranty for the employment in this group of states in Central and Eastern Europe.

  • Issue Year: 2/2006
  • Issue No: 2
  • Page Range: 2-4
  • Page Count: 3
  • Language: English
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