economic prospects of enlarged europe professor jan svejnar cerge ei march 5 2003 background late 1940s early 1990s western catching up with the us in productivity catch or overtaking expected 2000s convergence stopped since mid note this figure excludes united kingdom source maddison angus 1997 journal analysis 8 325 359 labor gdp per hour 1990 base year levels 1820 1992 120 100 80 60 40 20 0 states japan 1845 1870 1895 1920 1945 1970 1995 second half and eu s relative position weakened growth capita employment living standards smaller have done better on average than larger real index sources william davidson institute based various ebrd transition reports oecd outlook vol 69 july 2001 staff calculations 10 15 25 30 35 45 1991 1993 1994 1996 1998 1999 2000 2002 uk germany