Implementing the EU strategy in Baltic States

Abstract

The European Union has been fostering creation of the common market since the treaty of Rome in 1958. This document was followed by many strategies aimed at economic cohesion and improvement of competitiveness both at national and the EU levels. Hence it is possible to evaluate specific country's situation and compare it with other countries by using various specific indices or applying statistical and mathematical methods. In this framework Baltic states in particular are considered. The aim of this article is to demonstrate how multi objective evaluation methods can be applied when performing international comparisons, which is quintessential for strategic manage ment and the open method of coordination.