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Jennifer Baljko
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Re: a BIG? question
Jennifer Baljko   9/1/2011 9:23:35 AM
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Ashish, Nemos:

I'm with Nemos in this. While the siesta idea is alive in some pockets of southern Europe, it doesn't seem to be reducing individual worker productivity on a broad basis. In fact, Spain and Italy have slightly higher labor producivity per person employed than Germany, and slightly lower labor productivity than France. Greece is lower than Germany, but all three countries - Greece, Italy, & Spain outdo Poland, Hungary, Romania & Bulgaria, at least according to this report issued yesterday by Eurostat. Sorry if the font is small, here's the link if you want to see more closely

http://epp.eurostat.ec.europa.eu/tgm/graph.do?tab=graph&plugin=0&pcode=tsieb030&language=en&toolbox=type

Labour productivity per person employed

GDP in Purchasing Power Standards (PPS) per person employed relative to EU-27 (EU-27 = 100)






(here's a note for reading the chart: GDP per person employed is intended to give an overall impression of the productivity of national economies expressed in relation to the European Union (EU-27) average. If the index of a country is higher than 100, this country's level of GDP per person employed is higher than the EU average and vice versa.)

And, look at  Luxembourg! Those guys blow everyone in the EU 27 far and away with its productivity. Was surprised to see that

 

 



mario8a
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Stock Keeper
The Other Europe - Mars
mario8a   8/31/2011 12:14:35 PM
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Do they have McDonalds in Mars?   MarsDonalds?

Otherwise I think  is not that safe environment.

 

 

Ariella
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Supply Network Guru
Re: the Other Europe
Ariella   8/31/2011 11:42:49 AM

Nemos, I gave your comment 5 stars.

Nemos
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Supply Network Guru
Re: the Other Europe
Nemos   8/31/2011 8:35:55 AM

Only the planet Mars has now a stable and safe environment.

Nemos
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Supply Network Guru
Re: a BIG? question
Nemos   8/31/2011 8:31:23 AM
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"Have you heard of the Afternoon Siesta?" I totally disagree with your point of view also you said :"Eastern Europeans are much-much harder workers than those in Southern Europe." what is your reference on what you said ? Do you know what are the working conditions in the private sector in Greece? Do you Know how many hours works a worker per week?

Furthermore, about the "Afternoon Siesta"  exists when you are not working, and this is very rare during the week. And why it is wrong to have a nap during the weekend ?


 




Susan Fourtané
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Re: These countries are not ready yet
Susan Fourtané   8/31/2011 6:47:44 AM
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Ashish, 

Actually, when I was telling about the geographical location I was thinking of the proximity with Asia and at the same still have access to European countries like Germany and Austria. But it's a fact that if the Eastern European countries want to be integrated in the business European hub they do need to have what the Copenhagen Criteria asks to the EU candidates and memebers. 

-Susan 

tech4people
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Supply Network Guru
Re: a BIG? question
tech4people   8/31/2011 6:45:36 AM
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Nemos,

Two major reasons-

1)Have you heard of the Afternoon Siesta?

Southern Europe is legendary for it.Eastern Europeans are much-much harder workers than those in Southern Europe.

2)Socialist  legacy rules-Safety nets and the likes of that are very common in Southern Europe (even if they cant afford them today).This is something which nobody in Southern Europe would like to talk about it(and rather fight about it).

Eastern Europe today is by far more capitalist and welcoming of Foriegn capital than Southern Europe is(thanks to Red Tape and corruption).After the Iron Curtain collapsed Eastern Europe had to throw the entire socialist yoke and move towards capitalism (which it did in a hurry)-Look at the Baltics-Estonia,LIthuania and Latvia-All 3 regularly feature amongst the best places to do business and freest economies of the world.

Regards

Ashish.

tech4people
User Rank
Supply Network Guru
Re: These countries are not ready yet
tech4people   8/31/2011 6:39:04 AM
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Susan,

Looking at the bankruptcy of most Western European nations maybe Eastern Europe should not look for closer economic integration with the West.

China,The Oil Rich Middle East and Russia look like much-much better options

Regards

Ashish.

Susan Fourtané
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Blogger
Re: a BIG? question
Susan Fourtané   8/31/2011 6:28:10 AM
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Nemos, 

A geographical look may give you the answer. Despite not having good economical backgrounds the countries in Central and European locations open doors to a variety of geographical contact options. 

-Susan

Susan Fourtané
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Blogger
These countries are not ready yet
Susan Fourtané   8/31/2011 5:09:47 AM
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Jennifer/Flyingscot, 

I agree with Flyingscot when he says: "I do not imagine it will become a major European player [Hungary]. The same might be said for other small landlocked former Eastern block countries."

These countries you mention, Jennifer, first need to be accepted in the EU before they can become attractive for investment or dream of becoming big and reliable international business hubs. Do they meet the Copenhagen criteria to be accepted in the EU?

See the Phare Program for financial assistance to applicant countries of Central and Eastern Europe in their preparations for joining the European Union. 

 

The Copenhagen Criteria: 

 

What requirements must countries meet to become members of the EU?


There is no checklist with a precise indication of the conditions a country must meet in order to be admitted to the EU.

According to Article 49 of the Treaty on European Union, any European state which respects the principles on which the EU is based may apply for membership. There is no definition of what is meant by ‘a European state’ but, when Morocco applied to join the EU in 1987, the application was rejected in an opinion of the Commission on the grounds that Morocco was not a European country.

The enlargement of the EU on 1 May 2004 prompted the formulation of the ‘Copenhagen criteria’ concept, which is used to define the conditions which applicant states must meet in order to become members of the EU.
From the conclusions of the Presidency, Copenhagen 21-22 June 1993 – the Copenhagen criteria

The European Council today agreed that the associated countries in Central and Eastern Europe that so desire shall become members of the European Union. Accession will take place as soon as an associated country is able to assume the obligations of membership by satisfying the economic and political conditions required.

Membership requires that the candidate country has achieved stability of institutions guaranteeing democracy, the rule of law, human rights and respect for and protection of minorities, the existence of a functioning market economy as well as the capacity to cope with competitive pressure and market forces within the Union. Membership presupposes the candidate’s ability to take on the obligations of membership including adherence to the aims of political, economic and monetary union.

The Union’s capacity to absorb new members, while maintaining the momentum of European integration, is also an important consideration in the general interest of both the Union and the candidate countries.

The European Council will continue to follow closely progress in each associated country towards fulfilling the conditions of accession to the Union and draw the appropriate conclusions.

The Copenhagen criteria are a series of political and economic conditions laid down by the Heads of State and Government of the Member States at the European Council meeting in Copenhagen in 1993.

Ultimately, however, it is the Council which decides on the accession of a country by unanimous decision after consultation with the Commission and after the assent of the European Parliament, which means that the European Parliament must approve the Council’s decision.

In outline the Copenhagen criteria can be divided into three conditions, which must be met before a decision is taken on whether a country can become a member of the EU:

 
1. The political criterion:

The country must have stable institutions guaranteeing democracy, the rule of law, human rights and respect for and protection of minorities.

 
2. The economic criterion:

The country must have a functioning market economy and must be capable of withstanding the pressure of competition and market forces in the European Union.

 
3. The criterion presupposing the ability to incorporate the entire body of laws and regulations of the EU – the ‘acquis communautaire’:


The country must be able to assume all the obligations flowing from membership, including the aim of political, economic and monetary union
What comes closest to a catalogue of concrete requirements which must be met by applicant countries is the third criterion, according to which the countries must be in a position to implement all the EU’s laws and regulations.

-Susan 


 

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