Deepening the EU’s Single Market for Services

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1513522981
Total Pages : 21 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Deepening the EU’s Single Market for Services by : Mr.Christian H Ebeke

Download or read book Deepening the EU’s Single Market for Services written by Mr.Christian H Ebeke and published by International Monetary Fund. This book was released on 2019-12-06 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: The services sector is increasingly important for the euro area economy, but productivity growth in the sector has stalled over the past two decades. Remaining barriers to cross-border trade in services within the EU Single Market contribute to this weak performance. Our empirical analysis suggests that slow progress in tackling these barriers is associated with political economy factors such as weak government support in parliaments, low government efficiency and high markups. To remove the cross-border restrictions on services trade, we suggest combining incentives such as financial support, technical assistance and improved communication on barriers with more effective enforcement.

Deepening Services Market Integration - A Critical Assessment

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Author :
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Deepening Services Market Integration - A Critical Assessment by : Jacques Pelkmans

Download or read book Deepening Services Market Integration - A Critical Assessment written by Jacques Pelkmans and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The greatest asset of the European Union is undoubtedly its internal market. However, the internal market is not completed: it suffers from a giant hole with respect to many services. The present contribution addresses the status of services in the internal market and, in particular, the horizontal liberalisation (or, the lack of it) of services outside the two large sectors which greatly deepened market integration (6 modes of transport and 3 financial services markets). Because a horizontal perspective on services in the EU is still little understood, it is briefly summarized what services really are and how their regulatory logic in the internal market can help to classify them. The (strong) economic case for deepening services market integration is built on recent empirical economic analysis as well as simulation. This is followed by a discussion, with flowchart, of the Bolkestein draft directive, against the backdrop of the frustrating lack of, or at best, selective progress on services for decades. A survey of economic impact studies of the draft directive is provided, too, underpinning its importance even when the infamous origin principle is taken out. Some light is subsequently shed on the tumultuous politicisation of the services debate. Emphasis is laid on the socio-economic context (which, it is submitted, sharpened the discussion at times into polarisation) and a series of other factors such as the diversity of the national regulatory frameworks of services and the labour employed, the complexity of the draft directive, the potentially radical nature of the origin principle (especially for those not aware of the case law of the ECJ), the dominant role of the EP and the opportunism of leading national politicians. Finally, directive 2006/123 - meanwhile in force - is explained and briefly assessed. Apart from the conspicuous manifestation of "Angst" in drafting the directive, the (de) merits are set out. The conclusion is that a badly drafted directive with excessive emphasis on exclusions and derogations, and which lacks a driving principle, nevertheless comprises several functional obligations in general (e.g single window, administrative cooperation in dedicated networks, etc.), significant advantages for free establishment (which imply equally significant economic gains) and a firm discipline for (or prohibition of) bad practices with respect to temporary provision of services.

The Political Economy of Single Market Europe

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Author :
Publisher : LAP Lambert Academic Publishing
ISBN 13 : 9783844315554
Total Pages : 468 pages
Book Rating : 4.3/5 (155 download)

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Book Synopsis The Political Economy of Single Market Europe by : Remy Davison

Download or read book The Political Economy of Single Market Europe written by Remy Davison and published by LAP Lambert Academic Publishing. This book was released on 2011 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt: With a population of over 500 million and a GDP exceeding $US16 trillion, the European Union (EU) is the world's largest economy. In 1987, the EU commenced implementation of the Single European Market (SEM) program. The objective of the SEM was to remove all internal barriers to trade. It emphasized the centrality of the four freedoms' to the harmonization of the EU economy: free movement of goods, services, labour and capital. The 'four freedoms' have transformed the EU from a customs union to a single market. In 1999, the EU also adopted a single currency, the euro. This book provides an economic and political analysis of the EU Single Market in order to assess its medium-term outcomes across a range of policy areas. The SEM involves a significant restructuring of EU economic and competition policy. The most comprehensive explanations of EU integration have come from international relations and integration theory. This volume focuses upon the key debates between neorealist and neoliberal explanations of EU integration within the framework of the Single Market. This book will be particularly useful to professionals working in the fields of European economics, business and finance.

Securing EU Growth from Services

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Author :
Publisher :
ISBN 13 : 9789461382351
Total Pages : 25 pages
Book Rating : 4.3/5 (823 download)

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Book Synopsis Securing EU Growth from Services by : Federica Mustilli

Download or read book Securing EU Growth from Services written by Federica Mustilli and published by . This book was released on 2012 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores the untapped EU growth that could result from the better functioning of services markets and aims to bridge the gap between the EU policy debate, which is often framed in generalities about services, and the latest empirical economic analysis on the growth and productivity that might be generated by services markets. The authors find ample scope for further EU economic growth, both from domestic services reforms and from the deepening of the 'single services market'. Domestic and EU-level services reforms are so intertwined economically that, indeed, we may speak of a 'double dividend' and, for the eurozone, of a 'triple dividend'.

The Political Economy of the Eurozone in Central and Eastern Europe

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Author :
Publisher : Routledge
ISBN 13 : 042953700X
Total Pages : 252 pages
Book Rating : 4.4/5 (295 download)

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Book Synopsis The Political Economy of the Eurozone in Central and Eastern Europe by : Krisztina Arató

Download or read book The Political Economy of the Eurozone in Central and Eastern Europe written by Krisztina Arató and published by Routledge. This book was released on 2021-06-30 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: The idea for this volume came from the enigma that some Central and Eastern European (CEE) European Union (EU) member states have been keen to join the Eurozone while others have shown persistent reluctance. Moreover, the attitudes towards joining have seemingly not correlated with either the level of economic development or the time spent as part of the EU, nor with any other rational reason such as the level of integration into the EU real economy, or the level of trust in the EU on the part of the public. Therefore, at first sight, the answer to the question ‘why in, why out?’ remains rather unclear. The attractiveness of the currency union has nevertheless not disappeared for the CEE countries. Despite the Eurozone crisis of 2010–13, it was during that time that the Baltic states introduced the euro. Then, after a few years of inactivity, Croatia and Bulgaria successfully applied for membership of the exchange rate mechanism in July 2020, amid the economic crisis caused by the coronavirus (COVID-19) pandemic. At the same time, the three Visegrad countries still using their national currencies – Poland, Czechia and Hungary – no longer have a target date to join the monetary union. This volume aims to discuss these issues from horizontal aspects and through country studies, with contributions from expert authors from, or closely related to, the CEE region.

The Future of Pension Plans in the EU Internal Market

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Author :
Publisher : Springer Nature
ISBN 13 : 3030294978
Total Pages : 359 pages
Book Rating : 4.0/5 (32 download)

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Book Synopsis The Future of Pension Plans in the EU Internal Market by : Nazaré da Costa Cabral

Download or read book The Future of Pension Plans in the EU Internal Market written by Nazaré da Costa Cabral and published by Springer Nature. This book was released on 2019-11-26 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume takes a closer look at various European pension-plan models and the recent challenges, trends and predictions related to the design of such schemes. The contributors analyse new ideas, both from national governments and European institutions, and consider current debates on topics such as the Capital Markets Union (CMU) and the so-called ‘European Pillar of Social Rights’ – calling for a new approach to social policy at the European level in response to common challenges, such as ageing and the digital revolution.This interdisciplinary work embraces economic, financial and legal perspectives, while focusing on previously selected coherence aspects in order to ensure that the analyses are comprehensive and globally consistent.

Services In Global Value Chains: Manufacturing-related Services

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Author :
Publisher : World Scientific
ISBN 13 : 9813141476
Total Pages : 784 pages
Book Rating : 4.8/5 (131 download)

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Book Synopsis Services In Global Value Chains: Manufacturing-related Services by : Patrick Low

Download or read book Services In Global Value Chains: Manufacturing-related Services written by Patrick Low and published by World Scientific. This book was released on 2016-06-21 with total page 784 pages. Available in PDF, EPUB and Kindle. Book excerpt: This compilation of 22 firm-specific case studies is an important contribution to the discussion of 'servicification' trends in manufacturing. 'Services have increased in importance and value in many manufacturing value chains, making companies that produce physical products look more like service enterprises. What services do global value chains use in their operations, how important are they and how do economic policies shape firms' configurations, operations, and location of global value chains? This book addresses these questions and more.The interviewed firms, based in 12 APEC economies, come from different sectors ranging from multinational automotive, construction equipment, and electrical appliance manufacturers to small and medium manufacturers of watches or chemical for water treatment. The book analyses what specific services are important in different stages of the value chain, and whether they are typically provided in-house or outsourced.

Myth and Paradox of the Single Market

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Author :
Publisher :
ISBN 13 : 9781906837754
Total Pages : pages
Book Rating : 4.8/5 (377 download)

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Book Synopsis Myth and Paradox of the Single Market by :

Download or read book Myth and Paradox of the Single Market written by and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Incomplete European Market for Financial Services

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Author :
Publisher : Springer Science & Business Media
ISBN 13 : 9783790800135
Total Pages : 276 pages
Book Rating : 4.8/5 (1 download)

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Book Synopsis The Incomplete European Market for Financial Services by : Paolo Cecchini

Download or read book The Incomplete European Market for Financial Services written by Paolo Cecchini and published by Springer Science & Business Media. This book was released on 2003-02-03 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: The incomplete European market for financial services, the obstacles to its integration and the potential benefits from more integration are subject of this book which is largely focussing on retail markets. The analysis can be regarded as a modernised follow-up to the financial market part of the famous 1988 Cecchini Report "The cost of non Europe". Even in the Euro age, retail financial markets in the EU are heavily fragmented and the consumers pay a large price for this fragmentation. This also weakens the growth perspective of EU and its international role. Explanations originate both from natural and policy-induced factors. Priorities for future policies are the dismantling of tax discriminations and further harmonisation in consumer protection and financial supervision.

Europe's Passive Virtues

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Publisher : Oxford University Press, USA
ISBN 13 : 0198844794
Total Pages : 257 pages
Book Rating : 4.1/5 (988 download)

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Book Synopsis Europe's Passive Virtues by : JAN. ZGLINSKI

Download or read book Europe's Passive Virtues written by JAN. ZGLINSKI and published by Oxford University Press, USA. This book was released on 2020-06-04 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: The European Court of Justice has been celebrated as a central force in the creation and deepening of the EU internal market. Yet, it has also been criticized for engaging in judicial activism, restricting national regulatory autonomy, and taking away the powers of Member State institutions. In recent years, the Court appears to afford greater deference to domestic actors in free movement cases. Europe's Passive Virtues explores the scope of and reasons for this phenomenon. It enquires into the decision-making latitude given to the Member States through two doctrines: the margin of appreciation and decentralized judicial review. At the heart of the book lies an original empirical study of the European Court's free movement jurisprudence from 1974 to 2013. The analysis examines how frequently and under which circumstances the Court defers to national authorities. The results suggest that free movement law has substantially changed over the past four decades. The Court is leaving a growing range of decisions in the hands of national law-makers and judges, a trend that affects the level of scrutiny applied to Member State action, the division of powers between the European and national judiciary, and ultimately the nature of the internal market. The book argues that these new-found 'passive virtues' are linked to a series of broader political, constitutional, and institutional developments that have taken place in the EU.

European Union Political Economy

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Author :
Publisher : Rowman & Littlefield
ISBN 13 : 1498560067
Total Pages : 367 pages
Book Rating : 4.4/5 (985 download)

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Book Synopsis European Union Political Economy by : Konstantinos Hazakis

Download or read book European Union Political Economy written by Konstantinos Hazakis and published by Rowman & Littlefield. This book was released on 2018-09-15 with total page 367 pages. Available in PDF, EPUB and Kindle. Book excerpt: The European political economy: policy and theory, provides students, researchers and policy makers with a profound understanding of the theory and policy of the EU. The book covers in a comprehensive way the key issue areas of the European Union activity and it includes an analysis of all the important current developments in Europe such as the Brexit, the European Union sovereign debt crisis, the European economic governance problems and the macroeconomic adjustment challenges within Eurozone. The book also includes critical resources for readers and students such as review questions, appendixes, references and further reading lists. More specifically, the textbook explains thoroughly the institutional, economic and policy characteristics of the fundamental issue areas of European economy. It outlines the institutions and mechanisms of European union/Eurozone, the common agricultural, regional and trade policies, the impact of the single market and the single currency on European economy, the enlargement process and the key questions on the European macroeconomic adjustment process. In each chapter the book explains not only what is taking place in European economy but also which the feasible options of the European policy agenda are. The textbook enables readers to apply conceptual and theoretical knowledge to economic and political processes of European integration.

Andorra and the European Union

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Author :
Publisher : CEPS
ISBN 13 : 9290797339
Total Pages : 152 pages
Book Rating : 4.2/5 (97 download)

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Book Synopsis Andorra and the European Union by : Michael Emerson

Download or read book Andorra and the European Union written by Michael Emerson and published by CEPS. This book was released on 2007 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The European Union

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Author :
Publisher : Independently Published
ISBN 13 : 9781790729203
Total Pages : 34 pages
Book Rating : 4.7/5 (292 download)

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Book Synopsis The European Union by : Kristin Archick

Download or read book The European Union written by Kristin Archick and published by Independently Published. This book was released on 2018-12-04 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: The European Union (EU) is a unique partnership in which member states have pooled sovereignty in certain policy areas and harmonized laws on a wide range of economic and political issues. The EU is the latest stage in a process of European integration begun after World War II, initially by six Western European countries, to promote peace, security, and economic development. The EU currently consists of 28 member states, including most of the formerly communist countries of Central and Eastern Europe. The EU is largely viewed as a cornerstone of European stability and prosperity. For much of the last decade, however, many EU countries have faced considerable economic difficulties. Despite an improved economic situation in the EU since 2017, economic pressures and societal changes have contributed to the rise of populist and antiestablishment political parties, at least some of which harbor anti-EU or "euroskeptic" sentiments. Such trends have complicated the EU's ability to deal with multiple internal and external challenges. Among the most prominent challenges are the pending departure of the United Kingdom (UK) from the EU ("Brexit"); democracy and rule-of-law concerns in Poland, Hungary, and other EU members; migration and related societal integration concerns; a resurgent Russia; and a heightened terrorism threat. Amid these difficult issues, some are questioning the future shape and character of the EU are being. Supporters of the EU worry that some aspects of EU integration could be stopped or reversed. Others contend that the multiple crises could produce some beneficial reforms that ultimately would transform the EU into a more effective, cohesive entity. Recently, considerable attention has focused on developing a "multispeed EU," in which some EU members could pursue greater integration in specified areas and others could opt out. Successive U.S. Administrations and many Members of Congress long have supported the European integration project, viewing it as crucial to European peace and security and as a way to foster strong U.S. allies and trading partners. Despite some tensions over the years, the United States and the EU share a dynamic political partnership on various foreign policy issues and an extensive trade and investment relationship. How the EU evolves in the years ahead may have strategic and economic repercussions for the United States. At the same time, some EU leaders are concerned about President Trump's apparent skepticism of the EU and his reported assessment of the bloc as an economic competitor. Those of this view also worry that elements of the Trump Administration's "America First" foreign policy-such as the U.S. decision to withdraw from the 2015 multilateral nuclear deal with Iran-pit the United States against the EU. A number of European officials and analysts question whether traditional U.S. support for close U.S.-EU relations may be shifting and whether the United States will remain a reliable international partner. Some observers suggest that managing relations with the United States under the Trump Administration has emerged as another, somewhat unexpected, challenge for the EU. At the same time, many in the EU hope to preserve close U.S.-EU ties and EU policymakers continue to seek to cooperate with the Trump Administration where possible on issues of common interest and concern. This report provides a brief history of the EU and the major challenges confronting the bloc. It also discusses the potential implications for the EU and for U.S.-EU relations.

Deepening EU-Georgian Relations

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Author :
Publisher : Rowman & Littlefield
ISBN 13 : 1786608014
Total Pages : 240 pages
Book Rating : 4.7/5 (866 download)

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Book Synopsis Deepening EU-Georgian Relations by : Michael Emerson

Download or read book Deepening EU-Georgian Relations written by Michael Emerson and published by Rowman & Littlefield. This book was released on 2018-10-15 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: For Georgia, the signing of the Association Agreement and the DCFTA with the European Union in 2014 was an act of strategic geopolitical significance. Of all the EU’s eastern partners, the country has distinguished itself since the Rose Revolution of 2003 by pushing ahead with a radical liberalisation and economic reform agenda. Georgia is also unique among the countries in the region for having largely cleansed its economy and political system of corruption. The purpose of this Handbook is to make the complex political, economic and legal content of the Association Agreement readily understandable. This second edition, published two years into the Agreement’s implementation, adds new value. The Handbook now reflects Georgia’s progress in putting the Agreement into effect. Two teams of researchers from leading independent think tanks, CEPS in Brussels and Reformatics in Tbilisi, collaborated on this project, with the support of the Swedish International Development Agency (Sida). This Handbook is one of a trilogy examining similar Association Agreements made by the EU with Ukraine and Moldova.

Trade Regulation and Policy in the EU Internal Market

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1800886683
Total Pages : 224 pages
Book Rating : 4.8/5 (8 download)

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Book Synopsis Trade Regulation and Policy in the EU Internal Market by : Maletić, Isidora

Download or read book Trade Regulation and Policy in the EU Internal Market written by Maletić, Isidora and published by Edward Elgar Publishing. This book was released on 2022-06-21 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exploring the importance of the EU Services Directive (Directive 2006/123), this book provides an expansive insight into the controversial legislation regulating the internal market in services, whilst examining the challenges of positive harmonisation. In addition, by analysing the functioning and judicial interpretation of the directive, it considers EU trade regulation values and the broader significance of EU regulation in global regulatory standard setting.

Global Politics and EU Trade Policy

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Author :
Publisher : Springer Nature
ISBN 13 : 3030345882
Total Pages : 281 pages
Book Rating : 4.0/5 (33 download)

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Book Synopsis Global Politics and EU Trade Policy by : Wolfgang Weiß

Download or read book Global Politics and EU Trade Policy written by Wolfgang Weiß and published by Springer Nature. This book was released on 2020-02-24 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores how the European Union designs its trade policy to face the most recent challenges and to influence global policy issues. It provides with an interdisciplinary perspective, by combining legal, political, and economic approaches. It studies a broad set of trade instruments that are used by the EU in its trade policy, such as: trade agreements, multilateral initiatives, unilateral trade policies, as well as, internal market tools. Therefore, the contributions to this volume present the EU’s Trade Policy through different lenses providing a complex view of it.

Achieving Dynamism in an Anaemic Europe

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Author :
Publisher : Springer
ISBN 13 : 331914099X
Total Pages : 300 pages
Book Rating : 4.3/5 (191 download)

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Book Synopsis Achieving Dynamism in an Anaemic Europe by : Luigi Paganetto

Download or read book Achieving Dynamism in an Anaemic Europe written by Luigi Paganetto and published by Springer. This book was released on 2015-04-09 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the reasons behind Europe’s poor performance in terms of overall growth and its progressively diminishing role in the global context. Recognizing that the big challenge is to restore confidence and hope in Europe, potential solutions are discussed. The volume comprises a selection of contributions to the XXVI Villa Mondragone International Economic Seminar (Rome, 2014), the most recent of a series of seminars that have provided outstanding scholars with an opportunity to discuss key topics in economic research. In recent years the persistence of high unemployment and low growth has increased the Euroscepticism that has targeted the euro and the Brussels bureaucracy. Readers will find this book a fascinating source of information on current thinking regarding topics such as European industrial policy, European governance, unemployment, the euro and competitiveness, trade and financial integration, the Transatlantic Trade and Investment Partnership, anticorruption policies, and energy and climate policies. In particular, it examines the structural reforms and commitment to development that will be required for Europe to become a region characterized by social justice, dynamism, and opportunities for all.