Core-Periphery Patterns across the European Union

The EMU debt crisis thatemerged in 2010 has identified a group of Southern countries, especiallyGreece, Portugal, Spain and Italy, as low performers exhibiting several seriousmacroeconomic imbalances, and it has also highlighted that EU integration experiencedby Eastern European countries (especially the latter-comers to EU) was notaccompanied by a rapid process of real convergence. Since then, th...