How poorer nations benefit from EU membership | vox
The Economist 's Free Exchange Blog adds:
Greece as the outlier
The sliver of hope for Greeks, if there is one, is that this state of affairs suggests that an improvement in macro and micro policy could lead to really rapid catch-up growth, as Greece finally reaps the benefits of full integration with the EU and makes up its current output shortfall. But what a long, painful, disillusioning road to get there.