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CONTENTSCONTENTSPreface 3Summary 91 Introduction 151.1 Aims <strong>of</strong> <strong>the</strong> study 151.2 Research questions 161.3 Analytical framework in <strong>the</strong> context <strong>of</strong> EMU 171.4 Structure and outline <strong>of</strong> <strong>the</strong> study 202 Problems <strong>of</strong> accession to <strong>the</strong> internal market 252.1 Introduction 252.2 Assessing pre-accession 282.3 Intertwined: transition and pre-accession 322.4 Identifying adoption gaps 362.5 Administering <strong>the</strong> IM acquis effectively 432.6 Requests for transition periods 463 Erosion <strong>of</strong> <strong>the</strong> internal market 593.1 Introduction 593.2 Operational definitions <strong>of</strong> erosion 593.3 Measuring erosion 613.3.1 Indicators <strong>of</strong> <strong>the</strong> nature <strong>of</strong> non-compliance 613.3.2 Indicators <strong>of</strong> <strong>the</strong> kind <strong>of</strong> compliance remedies applied 623.4 IM erosion without enlargement 633.4.1 Indicators <strong>of</strong> <strong>the</strong> nature <strong>of</strong> non-compliance 633.4.2 Indicators <strong>of</strong> <strong>the</strong> kind <strong>of</strong> compliance remedies applied 653.5 Erosion <strong>of</strong> a pan-<strong>european</strong> internal market? 6854 The relevance <strong>of</strong> a core internal market acquis 734.1 Introduction 734.2 Time-inconsistency and two enlargement strategies 734.3 Partial membership with a ‘core internal market acquis’ 764.4 The <strong>economic</strong> function <strong>of</strong> a core IM acquis 805 A sound and dynamic <strong>economic</strong> union 895.1 Introduction 895.2 Economic Union and enlargement 895.2.1 Serving catch-up growth 895.2.2 Serving Monetary Union 915.3 How candidate countries prepare 95

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