Jiang Li

(№.6,2014)

Abstract: Since entering into EU ten years ago, Poland, the Czech Republic, Slovakia and Hungary, the four members of Visegrad Group, have benefited greatly: rapid growth of total GDP and per capita GDP, export expansion, reduction of gap with old EU members in income and price level and improvement of quality of life in most member nations. However, these countries have not achieved the goal of reaching the living standard of Western Europe. Take the Czech Republic as an example: after entering into the EU, the Czech Republic does not have an economic convergence with the EU mainly because of its two economic recessions, its failures in absorbing EU funds and conducting EU policies consistently. Meanwhile, despite concerns for negative impacts of entering into EU, they have not occurred yet.

Keywords: EU entry；Visegrad Group；Czech Republic；economic impact