Departmental Bulletin Paper The EU Accession Revisited : Why Did Sweden Join the EU in 1995?

Maruyama, Sawako  ,  マルヤマ, サワコ

22 ( 1 )  , pp.27 - 36 , 2017-09 , 大阪大学大学院国際公共政策研究科 , オオサカ ダイガク ダイガクイン コクサイ コウキョウ セイサク ケンキュウカ
In Honor of Prof. Shigeharu NOMURA
This paper investigates the reason behind the EU accession of Sweden in 1995 focusing on the economic aspects. The main findings are threefold. First, driving forces for Sweden to join the EU involved international factors such as economic and political transition of the communist bloc, as well as domestic factors such as a prolonged economic stagnation in the 1980s and an economic crisis in the beginning of the 1990s. Second, Sweden preferred the EU to pursue economic benefits which were not provided in the FTAs including the European Economic Area. Third, there were major benefits for Swedish companies, such as reduction of transaction costs, more diverse options for financing and ownership, and the unification of economic conditions with the EU market. In addition, Sweden could obtain the right to participate in the decision-making process of the EU.

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