Advanced Search
MyIDEAS: Login to save this book chapter or follow this series

European Union Single Market: design and development

Contents:

Author Info

  • Jacques Pelkmans
Registered author(s):

    Abstract

    What precisely is a Single Market, how it has been designed in the case of the European Union (e.g. in the treaty) and how it has developed over 5 decades, are the three questions answered in this contribution. It is first shown that the design of a Single Market matters: it is not just about goods markets (despite the enormous emphasis in the literature on this aspect) but also about services, labour, capital and codified technology. In order to have a Single Market function properly, it is indispensable to combine negative integration (removal of barriers) with a considerable ambition in positive integration (common regulation, selected common policies, common market institutions where appropriate and endowed with proportionate but sometimes overriding powers). The treaty contained a unique design which has been ‘upgraded’ with the increasing ambitions of ‘deepening’ and ‘widening’ of scope of markets and policies in the EU. The development of the EU Single Market is stylized in four accomplished stages after the mid-1980s, when the ‘customs-union-plus’ was overcome for a much ‘deeper’ internal market, until today.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.dictionaryofeconomics.com/article?id=pde2011_E000334
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

    Bibliographic Info

    as in new window

    This chapter was published in: Steven N. Durlauf & Lawrence E. Blume (ed.) , , pages , 2011, 4th quarter update.

    This item is provided by Palgrave Macmillan in its series The New Palgrave Dictionary of Economics with number v:5:year:2011:doi:3865.

    Handle: RePEc:pal:dofeco:v:5:year:2011:doi:3865

    Contact details of provider:
    Web page: http://www.palgrave-journals.com/

    Order Information:
    Email:
    Web: http://www.dictionaryofeconomics.com/help/faq#_Toc198623697

    Related research

    Keywords: European Union; single market; internal market; economic integration;

    Find related papers by JEL classification:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:pal:dofeco:v:5:year:2011:doi:3865. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sheeja Sanoj).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.