you're reading...
Economic and Social Policies, Institutional and Legal Affairs, Policy Cycle, PUBLICATIONS

The Cost of Non-Europe in the Single Market (Cecchini revisited)

The Cost of Non-Europe in the Single Market (Cecchini revisited)

© Anton Balazh / Fotolia

It is well known that the Single Market has contributed significantly to economic growth and consumer welfare in the European Union. It has not however achieved its full potential and economic gains could be secured by better and more effective application of existing legislation and a deepening of the Single Market.

This Cost of Non-Europe report seeks to quantify the costs arising from the lack of full integration and analyses the benefits foregone for citizens, businesses and Member States. The report considers the economic cost of market fragmentation and of the gaps and deficits in the free movement of goods, of services, public procurement, the digital economy and the body of consumer law known as the consumer acquis .

The report estimates that completing the Single Market in these fields would entail economic gains ranging from 651 billion to 1.1 trillion euro per year , equivalent to a range of 5 % to 8.63% of EU GDP.

Read the Study here

Read all the studies on the Cost of Non-Europe in the Single Market here:

About EAVA

The European Parliament's European Added Value Unit provides European Added Value Assessments and Cost of Non-Europe Reports which analyze policy areas where common action at EU level is absent but could bring greater efficiency and a public good for European citizens.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Download the EPRS App

EPRS App on Google Play
EPRS App on App Store
What Europe Does For You
EU Legislation in Progress
Topical Digests
EPRS Podcasts

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 2,909 other followers

Disclaimer and Copyright statement

The content of all documents (and articles) contained in this blog is the sole responsibility of the author and any opinions expressed therein do not necessarily represent the official position of the European Parliament. It is addressed to the Members and staff of the EP for their parliamentary work. Reproduction and translation for non-commercial purposes are authorised, provided the source is acknowledged and the European Parliament is given prior notice and sent a copy.

For a comprehensive description of our cookie and data protection policies, please visit Terms and Conditions page.

Copyright © European Union, 2014-2018. All rights reserved.

%d bloggers like this: