Trésor-Economics No. 82 - Convergence and "deconvergence" of living standards in the New Member States of the European Union
Living standards in the New Member States of the European Union (NMSs) converged very rapidly towards the average European standard of living over the first decade of the new century. In many countries in the region, such as the Baltic countries and Bulgaria, GDP per capita adjusted for purchasing power parities (PPP), which is an indicator for comparing living standards between countries, increas... Lire la suite