EU expansion boosts economic convergence, with migration driving faster growth.
The European Union aims for economic convergence among its member countries. A study looked at the 2004 and 2007 expansions to see if this goal was achieved. They found that convergence did happen in both periods studied. Newer EU members showed faster convergence from 2001-2006. Migration turnover was a key factor in promoting convergence, while the impact of corruption was unclear.