Bjerkem, Johan and Harbour, Malcolm (2019) Making the Single Market work: Launching a 2022 masterplan for Europe. EPC Discussion Paper 28 August 2019. [Discussion Paper]
Abstract
The European Single Market guarantees the free movement of goods, services, people and capital, removing internal borders and regulatory obstacles to trade within the European Union (EU). Over the last 25 years, it has evolved into the largest single market and the world’s most integrated transnational market. However, despite its successes, the Single Market is increasingly affected by a global rise in protectionism and distorted competition. While Europe has opened up much of its market to the rest of the world, European companies rarely enjoy equal access to markets in third countries. A priority for the next EU institutional cycle must be to make more strategic use of the European Single Market in securing reciprocal market access for EU businesses and citizens worldwide.
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