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Liberalisation of the internal market: Efficiency advantages and requirements

  • European Community
  • Published:
Intereconomics

Abstract

The expected welfare effects of the completion of the internal European market by 1992 will differ markedly from one member country to another. What requirements must be met for liberalisation of the internal market? How could the disparities in the distribution of welfare effects be lessened?

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References

  1. See “Die Zeit”, 15. 1. 88, pp. 19–21.

  2. T. Padoa-Schioppa, et al.: Efficiency, stability and equity. A Strategy for the evolution of the economic system of the European Community (Report of a study group appointed by the EC Commission and presided over by T. Padoa-Schioppa), Paris 1987.

  3. Compare for example Commission of the European Communities: Improving competitiveness and industrial structures in the Community, Com (86), 40 final, Brussels; Commission of the European Communities: Annual economic report 1987–88. Using the Community dimension to reinforce internal growth, European Economy, No. 34, November 1987.

  4. Commission of the European Communities: The economics of 1992, An assessment of the potential economic effects of completing the internal market of the European Community, European Economy, No. 35, March 1988; P. Cecchini: The European Challenge 1992-The Benefits of a Single Market, Aldershot/England 1988.

  5. P. Cecchini, op. cit. The European Challenge 1992—The Benefits of a Single Market, Aldershot/England 1988. Commission of the European Communities: The economics of 1992, op. cit. An assessment of the optential economic effects of completing the internal market of the European Community, European Economy, No. 35, March 1988, pp. 17–22, and 149–169.

  6. See for example C. Pratten: A survey of the economies of scale. Report prepared for the EC Commission, Brussels 1987; N. Owen: Economies of scale, competitiveness and trade patterns within the European Community, Oxford 1983.

  7. See EG-Nachrichten, Berichte und Informationen—Dokumentation, No. 3, 5. April 1988: Wirtschaftlicher Nutzen des Programms “Binnenmarkt 1992”, edited by the Commission of the European Communities.

  8. T. Padoa-Schioppa et al., op. cit. Efficiency, stability and equity. A Strategy for the evolution of the economic system of the European Community (Report of a study group appointed by the EC Commission and presided over by T. Padoa-Schioppa), Paris 1987. p. 91.

  9. Compare for details Commission of the European Communities: First, Second and Third Report on the Social and Economic Situation of the Regions of Europe, Brussels 1981, 1984, 1987.

  10. P. Robson: The Economics of International Integration, London 1987, pp. 73–75; N. Kaldor: Economics Without Equilibrium, New York 1985.

  11. R. Clement: Zur Notwendigkeit entwicklungspolitischer Maßnahmen in der Europäischen Gemeinschaft, in: Konjunkturpolitik, Vol. 34, 2/1988 (forthcoming); see also J. B. Donges, W. Schatz: The Iberian Countries Facing EC Membership. Starting Conditions for Their Industry, in: Weltwirtschaftliches Archiv, Vol. 121, 1985, pp. 756–778.

  12. R. Clement, op. cit.; Zur Notwendigkeit entwicklungspolitischer Maßnahmen in der Europäischen Gemeinschaft, in: Konjunkturpolitik, Vol. 34, 2/1988 (forthcoming); for details see J. B. Donges et al.: The Second Enlargement of the European Community. Adjustment Requirements and Challenges for Policy Reform, Tübingen 1982, pp. 65–70.

  13. Commission of the European Communities: The Single European Act. Supplement to the Bulletin of the EC, No. 2/86, Brussels.

  14. For details see Commission of the European Communities: Reform of the Structural Funds, Com (87), 376 final, Brussels.

  15. T. Padoa-Schioppa et al., op. cit. Efficiency, stability and equity, A Strategy for the evolution of the economic system of the European Community (Report of a study group appointed by the EC Commission and presided over by T. Padoa-Schioppa), Paris 1987.

  16. P. Cecchini, op. cit.; The European Challenge 1992— The Benefits of a Single Market, Aldershot/England 1988. compare also Commission of the European Communities: The economics of 1992, op. cit.; An assessment of the potential economic effects of completing the internal market of the European Community, European Economy, No. 35, March 1988; ifo-schnelldienst: Was bringt der Europäische Binnenmarkt?, Vol. 41, 1988, No. 16.

  17. For details see F. Franzmeyer: Was kostet die Vollendung des europäischen Binnenmarktes?—Eine Bewertung aus wirtschaftlicher, sozialer und politischer Sicht, in: Konjunkturpolitik, Vol. 33, 3/1987, pp. 146–166.

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  1. University of Wuppertal, West Germany

    Rainer Clement

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  1. Rainer Clement
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Clement, R. Liberalisation of the internal market: Efficiency advantages and requirements. Intereconomics 23, 228–232 (1988). https://doi.org/10.1007/BF02925117

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