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Social Dumping in the European Single Market

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  • Anca Costea-Dunarintu

    ()

Abstract

The EU is the largest exporter and importer of goods and services worldwide, imposing as a very important actor in the vast world economy. Single market, based on the four major freedoms, namely the free movement of capital, labor, goods and services led to the formation of a common framework at European level, turning slowly in the main engine of growth in Europe. The position held in the international affirmation amid accelerating trade marked by the constant emergence of new actors was achieved by recognizing economic competitiveness of the single market in the world, creating products with high added value is one of the main features that could prove this fact. Opening national markets and removing barriers resulted led to increased competition between companies, which resulted in a greater demand for goods and services at lower prices, some practices as social dumping being performed through Europe.

Suggested Citation

  • Anca Costea-Dunarintu, 2014. "Social Dumping in the European Single Market," Knowledge Horizons - Economics, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 6(2), pages 147-149, June.
  • Handle: RePEc:khe:journl:v:6:y:2014:i:2:p:147-149
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    File URL: http://www.orizonturi.ucdc.ro/arhiva/2014_khe_62_pdf/khe_vol_6_iss_2_147to149.pdf
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    References listed on IDEAS

    as
    1. Rozalia KICSI & Simona BUTA, 2012. "Multinational Corporations In The Architecture Of Global Economy," The USV Annals of Economics and Public Administration, Stefan cel Mare University of Suceava, Romania, Faculty of Economics and Public Administration, vol. 12(2(16)), pages 140-147, December.
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    More about this item

    Keywords

    Social dumping; European Single Market; trade; barriers; demand;

    JEL classification:

    • J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs

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