In the first year of the new millennium, the world economy is enjoying considerable growth and despite increases in oil prices, on the whole inflation in the world economy remains well contained. This biannual publication outlines the situation of the world economy.

In the first year of the new millennium, the world economy is enjoying considerable growth and despite increases in oil prices, on the whole inflation in the world economy remains well contained. This biannual publication outlines the situation of the world economy. Each edition has a special topic to which more attention is given. This edition looks in detail at the European enlargement process from the perspective both of the accession countries and the European Union itself.