The macro economic impacts of integration of the central and East European countries in transition process into the EU

All transition economies emerged from the disintegration of the Socialist bloc and the collapse of the planned economy headed for the free market economy. It is likely in essence to divide these economies into two main groups. One hand is there Central and Eastern Europe (CEE) countries, on the other hand there is the Commonwealth of Independent States (CIS) which have gained their independence by disintegration of Soviet Socialist Republics (USSR). In the process of transition, while certain countries performing the required reforms. In the process of transition, CEE countries forged ahead both through their proximity to the European countries and outsourcing technical and financial aid support. In the realizition of the required reforms bounden for the transition, certain countries would rather shock therapy, while the others prefer progressive therapy.The purpose of this study is to research the effects of the CEE countries affiliation process to European Union (EU), on the macro ecomomic structues of the countries. By using the data in respect of the period from 1996 to 2008 of the four CEE transition ecomomies and pedroni cointegration test the effects of EU affiliation process on the macro economies structures of the four economies was also presented.According to the reuslts obtaines from analysis of this study, during 1996- 2008, increment of transition economies have increased the real gross domestic product (GDP) and affiliation to EU, had a positive impact on the real GDP, per capita real GDP an industrializition after being a member of EU, the real GDP, per capita real GDP and the share of industry GDP has increased in these four transition economies. Stated in others words, after being affiliation to EU the real GDP, per capita real GDP and the share of industry in GDP has increased in these four transition eccomies.