European Integration and the Functioning of Product Markets

European Integration and the Functioning of Product Markets PDF Author: Adriaan H. Dierx
Publisher: Edward Elgar Publishing
ISBN: 1845423402
Category : Business & Economics
Languages : en
Pages : 341

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Book Description
Europe's achievements in economic integration have attracted worldwide interest and are seen as an example for other regions to follow. Ten years after the completion of the Single Market Programme, this book is able to utilize empirical data not available to previous studies, also building on research by reputed academic experts and staff at the European Commission. The book reveals that European product market integration has a significant impact on the conditions of competition, the strategies of companies and the structure of industry. It adds a quarter of a percentage to annual GDP growth rates and has not led to an increased exposure of the EU to asymmetric shocks. However, the book argues that further improvements in the functioning of European product markets are needed in order to improve the EU's growth performance over the next decade. Invaluably, the book provides not only current information about Europe's achievements in economic integration but also methodology to assess the outcome of economic integration in other regions of the World, such as NAFTA, MERCOSUR and ASEAN.

European Integration and the Functioning of Product Markets

European Integration and the Functioning of Product Markets PDF Author: Adriaan H. Dierx
Publisher: Edward Elgar Publishing
ISBN: 1845423402
Category : Business & Economics
Languages : en
Pages : 341

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Book Description
Europe's achievements in economic integration have attracted worldwide interest and are seen as an example for other regions to follow. Ten years after the completion of the Single Market Programme, this book is able to utilize empirical data not available to previous studies, also building on research by reputed academic experts and staff at the European Commission. The book reveals that European product market integration has a significant impact on the conditions of competition, the strategies of companies and the structure of industry. It adds a quarter of a percentage to annual GDP growth rates and has not led to an increased exposure of the EU to asymmetric shocks. However, the book argues that further improvements in the functioning of European product markets are needed in order to improve the EU's growth performance over the next decade. Invaluably, the book provides not only current information about Europe's achievements in economic integration but also methodology to assess the outcome of economic integration in other regions of the World, such as NAFTA, MERCOSUR and ASEAN.

European Integration and the Functioning of Product Markets

European Integration and the Functioning of Product Markets PDF Author: European Commission. Directorate-General for Economic and Financial Affairs
Publisher:
ISBN:
Category : EU
Languages : en
Pages : 394

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Book Description


Product Market Integration

Product Market Integration PDF Author: Helena Maria Guimaraes
Publisher: Emerald Group Publishing
ISBN: 1849509867
Category : Business & Economics
Languages : en
Pages : 199

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Book Description
Addresses the issue of product market integration within the European Union (EU) from a multidisciplinary approach that ranges from economics to political science and sociology. This book assesses the functioning of the EU Internal Market and evaluates the need for differentiated integration in an enlarged and heterogeneous EU.

Constructing a European Market

Constructing a European Market PDF Author: Michelle Egan
Publisher: OUP Oxford
ISBN: 0191529524
Category : Political Science
Languages : en
Pages : 382

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Book Description
Efforts to tackle the trade impeding effects of divergent standards and regulations are at the core of European economic relations. This volume draws on literature from several disciplines to develop a comprehensive account of the regulatory strategies and institutional arrangements adopted by the EU in promoting the single market in goods. It provides a historical overview and detailed cases studies of the various policy initiatives that have altered the boundaries between the public and private sector in fostering market integration. Tackling interstate barriers to trade has relied heavily on European law to shape the framework of relations between states, and trade liberalization has been facilitated by legal rulings resolving territorial conflicts over regulatory jurisdiction and authority. The European Court of Justice has actively shaped markets, acting as a 'free trade umpire' in balancing the goals of market liberalization and market regulation while fostering market compliance. Although markets are absolutely dependent on public authority, the institutional innovation of the EU has been to use the private sector in an ancillary role to the state. By delegating responsibility to set standards for market access, the EU has chosen to draw on the resources of private actors, resulting in a system of governance that is a distinctive, hybrid model of regulation composed of state and non-state actors. Though the "outsourcing" of public sector regulatory activity was expected to be more effective than the process of regulatory harmonization, progress has been difficult. The current deficit in setting standards for European-wide market access raises concerns about the efficiency and effectiveness of such a regulatory regime. Egan provides a detailed evaluation of that process, highlighting regulatory gaps in the single market and the need to focus not only on the process of market integration, but also its outcome and impact on European business. Comparisons with American efforts to create a national market are made throughout to demonstrate the difficulties of constructing and maintaining a single market. American and European efforts to devise a uniform market for commerce and trade have involved both public and private authorities, though with different degrees of coordination and centralization, as many of the strategies undertaken by the EU echo earlier American market-building efforts.

European Integration

European Integration PDF Author: Jacques Pelkmans
Publisher: Addison Wesley Publishing Company
ISBN:
Category : Europe
Languages : en
Pages : 376

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Book Description
Recoge: 1.Foundations: What is integration economics?. Developing economic integration in the Union. Economic constitution of the EU. Subsidiarity and economic functions of the Union - 2.Internal market. Product market integration: the method.Product market integration: economic analysis. Services market integration: the method. Services market integration: economic analysis. Factor market integration: the method. Factor market integration: economic analysis - 3.Common Policies. Common agricultural policy. EC competicion policy. Common trade policy. EC industrial policy - 4.Equity, stabilisation and extension. Equity for the Union?. European macroeconomic cooperation. Economic and monetary union. Pan-European Economic Integration.

Market Integration in the European Community

Market Integration in the European Community PDF Author: J. Pelkmans
Publisher: Springer Science & Business Media
ISBN: 9400961731
Category : Business & Economics
Languages : en
Pages : 335

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Book Description
In the present stage of integration, private and public market integration is really what the European Community is all about. A stable security settin- itself, in part, a result of European integration - and cooperative politics in Western Europe have enabled the creation and maintenance of an elaborate legal system and common institutions facilitating the unification of product markets throughout the Community. Of course, the pervasive and incessant politicisation of Community decision-making at the Ministerial level tends to diminish attention for what actually happens in the Community industrial markets, while also obscuring its profound economic impact on Europeah society. It is precisely from the fascination with this vivid 'core' of the European Community that this book has arisen. I have attempted to combine empirical economic analysis, and a minimum of institutional description, with economic theory. Access to theory has been facilitated by the avoidance of algebraic tools, employing - only where necessary - geometric tools. In combining the analytical traditions of international and industrial economics, linked to a fairly detailed institutional economics of legal arrangements and competences at the EC level, it is hoped to provide the relevant tools to comprehend the industrial Euromarkets.

The Stateless Market

The Stateless Market PDF Author: Paul Kapteyn
Publisher: Routledge
ISBN: 1134806868
Category : Political Science
Languages : en
Pages : 205

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Book Description
This book offers a broad view of the tension between state and market in the political evolution of the European Union. Contemporary developments and issues are set within the historical context of state formation. Paul Kapteyn argues that states are invariably formed by violent conquest, or by fusion in the face of an external threat; and that markets can emerge only only when the state has been established. He points out that while the histories of France, Britain, The Netherlands and Germany conform to these rules, the European Union does not; and he goes on to explore the reasons why this is not so, and its implications. The second section of the book is based on empirical research. Paul Kapteyn underpins his theoretical and historical argument with an analysis of official documents, newspaper articles and interviews with Eurocrats form the various member states. He concentrates especially on two case studies, of the Treaty of Schengen on judicial cooperation and harmonization, and of the problem of EU fraud. He also looks closely at eh consquences of the Maastricht Treaty. The Stateless Marlet is a thought-provoking text, ideally suited to students on European studies, politics, international relations and sociology courses. it will also be of great interest to those professionally concerned with European integration.

The EU Internal Market in Comparative Perspective

The EU Internal Market in Comparative Perspective PDF Author: Dominik Hanf
Publisher: Peter Lang
ISBN: 9789052014241
Category : Business & Economics
Languages : en
Pages : 318

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Book Description
The European Union's internal market is the «hard core» of integration and by far its most precious asset. However a number of deep-seated factors have impeded the development of a systematic and wide-ranging academic research programme dedicated to the internal market. The purpose of this book is to begin to address this predicament with a tri-disciplinary analysis of the internal market, as scant opportunities for mutual understanding and learning across disciplines (law, economics and politics) currently exist. Internal market scholars from all three disciplines collaborated on this project, in which each chapter was read and critiqued by a scholar from a different discipline. The editors trust that this unique exercise reveals to many readers the enormous potential for in-depth and continuous analysis of the internal market and all that it entails. It also provides an accessible text for students and scholars from all three disciplines interested in the internal market.

The Economics of European Integration: System Competition versus Harmonization

The Economics of European Integration: System Competition versus Harmonization PDF Author: Nils De Rop
Publisher: GRIN Verlag
ISBN: 3638250962
Category : Business & Economics
Languages : en
Pages : 27

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Book Description
Seminar paper from the year 2002 in the subject Economics - International Economic Relations, grade: 1,3 (A), University of Göttingen (Economics Seminar), course: European Integration and EU-Enlargement, language: English, abstract: The process of European Integration, especially the economic perspective of these fascinating developments is the main issue of this seminar paper. The decisive questions leading through the analysis are the following: which approaches to economic integration exist, which one of them has been, is and will be dominant in the respective European Integration process and whether the current framework is appropriate for the future, always in mind the further enlargement towards a European Union of 25 or even 27 member states. I structure my analysis into mainly three parts, namely the underling theory, an empirical analysis and an outlook for the future. The emphasis is clearly on the first two parts, which are based on an economical perspective of integration processes. I present the underlying theory of economic integration, namely the two approaches to it, System Competition and Harmonization at first. Afterwards, an overview of the process of European Integration is provided, always in mind the perspective of economic integration and therefore the ongoing battle of the two approaches to gain more importance in the process. While doing so, I analyse phases or stages in which one of these approaches has been increasingly dominant in the integration process and try to analyse why this special pattern has occurred. At the end of my paper, I combine the economic perspective to integration with a more general, but interesting concept to integration processes, which could help to overcome the increasing stagnation tendencies in European Integration that is one of the main findings of my earlier analysis. Although this Concept, named Differentiated Integration provides one with extensive measures to reform the integration process, I limit the perspective to mostly the changes and proposals with importance to economic integration as this is the core issue of this paper. Thus, the final presentation of reform proposals is less focused on how the European Union as a final Political Union could look like in the far future, but more on how to overcome stagnation tendencies and gain dynamic impulses again with more technically orientated middle-term actions.

The European Integration Process

The European Integration Process PDF Author: Angelina Topan
Publisher: LIT Verlag Münster
ISBN: 9783825857707
Category : Business & Economics
Languages : en
Pages : 132

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Book Description
" European Integration is analysed in a historical and in a comparative perspective by applying New Institutional Economics. European Integration is shaped by rules being triggered for further Integration and simultaneously giving integration direction. The analysis starts with the European Coal and Steel Community and ends with the European Union. The functions of rules explain institutionalisation as well as non-institutionalisation of Europe. The influence of these functions varies from country to country and from integration step to integration step. Additionally, these functions can be interrelated in different ways. "