EU Single Market(s) after Brexit (original) (raw)

The Brexit consequences on the European single market

2020

Brexit represents one of the biggest challenges for the European Union since its establishment. The recent political and institutional developments, the decision of the British Parliament not to accept the exit of the United Kingdom from the European Union without a signed agreement, the decision to negotiate a new deal that must be ratified by both the Member States of the EU and the British Parliament, points towards the fact that neither the Union nor the United Kingdom are effectively prepared for such a decision. The paper presents the recent evolution of Brexit, as well as its possible consequences regarding the internal market. We will present, above all, how the free movement of goods will be affected and how the free movement of persons will be realized, for lucrative purposes. A political analysis of the events will be conducted, as well as an analysis of the applicable normative acts in question. The implications of Brexit on the economy of the Member States and on trade ...

The EU Single Market: The Constitutional and Legal Discord of Harmonisation

The EU’s single market has been described by the European Commission as one of the EU’s greatest achievements in stimulating competition and trade and promoting economic growth for European businesses and consumers alike. By its own admission, however, the EC has acknowledged its shortcomings as rules are not known or implemented and success is hindered by various trade barriers and value systems which must adapt to an evolving market that extends beyond mere economic goals. But, establishing a fair internal market requires a commitment toward a common regulatory framework to implement rules and recognise mutual standards to prevent any one entity from gaining competitive advantage by eliminating guidelines. To enable the single market to function properly requires standards in EU and national regulation to remove market failures, and as the internal market of the EU combines negative and positive integration, further policy intervention will be needed to overcome these challenges both at EU and national levels. The question as to whether a supranational entity will survive in the face of sovereignty of Member States will be the focus of this paper. In critically assessing the effectiveness of the single market in the ‘balancing act’ and harmonisation between total freedom of movement for goods, people, services within the supranational EU entity and sovereignty of its independent Member States, we examine the alignment and vision in the context of the Lisbon Treaty, its rules, exceptions and derogations and existing ECJ jurisprudence.

Brexit and External Differentiation in Single Market Access

Rome, IAI, June 2020, 14 p. (EU IDEA Policy Briefs ; 1), 2020

This policy brief develops two possible scenarios (closer vs. looser cooperation) of a future EU–UK economic relationship. After analysing how they fit into the existing EU landscape of external differentiation, it assesses these two scenarios in terms of effectiveness – defined as the capacity to reduce economic disruption – and their potential effects on the EU’s political unity. The paper concludes that the scenario of closer cooperation is superior in its capacity to minimise economic harm both for the UK and for the EU, and to provide a climate for long-term economic cooperation. Regarding the impact on EU cohesiveness, we contend that the biggest threat to its unity would be an “unbalanced” agreement providing a level of advantages not matched with a corresponding set of obligations. This could spark desires for more differentiation among EU member states and trigger third-country demands to renegotiate existing EU regimes of external differentiation.

The Single European Market: Challenges for Doing Business

Contributions to Management Science, 2018

It is not easy to establish the precise moment when the concept of economic integration emerged in the sense that it was given after the start of the European integration process. Pelkmans define economic integration as a process of "elimination of economic frontiers between two or more economies" considering that "the fundamental significance of economic integration is the increase of actual or potential competition". This chapter contains a few answers to some important questions such as: what is the substance of integration and what are the criteria underlying the decision of states to launch an integration process? What are the symptoms based on which one can decide whether the integration process functions properly or if it still is a desideratum? This chapter analyses the single internal market as an essential stage of the European integration process stressing the four freedoms of goods, services, capitals and human resources.

Integration of the European Single Market Thirty Years After Its Creation

Studia Europejskie - Studies in European Affairs, 2023

The European single market was launched on 1 st January 1993. Presumably, it is at that time that three fundamental barriers (physical control at the border, various technical requirements, and differing systems of indirect taxation) were formally removed to ensure four treaty-based freedoms: free movement of goods, freedom to provide services, free movement of people and free movement of capital. The EU single market is characteristic in nature due to the scope of legislation governing businesses and consumers, which is largely subject not to unifi cation, rather only harmonisation. Regrettably, this has resulted in EU legislation being (deliberately at times) not always correctly implemented into the national legal system. This leads to market fragmentation and creates barriers, rather than eliminating them. This study aims to identify the relationship between full and correct implementation of EU legislation into the Member States' legal systems versus progress in European single market integration. Therefore, the evolution of indicators defi ning how much EU single market legislation in the Member States has been implemented was examined. At the same time, changes in transposition defi cit (from 1997 to 2021) and conformity defi cit (from 2004 to 2021) for particular Member States were critically analysed. Further, it was analysed how much the single market was integrated from the perspective of goods being the main components of the single European market. To this end, intra-EU trade was analysed as broken down into exports and imports of goods, versus the global trade of individual Member States (including trade with non-EU partners). The outcome of the study shows that both transposition and conformity defi cit levels are quite high. In turn, intra-EU trade in goods does not largely correspond to the extent of implementation of EU legislation, which may Studia Europejskie-Studies in European Affairs, 3/2023 be caused by growing interest in non-EU partners without compromising EU presence.

Single European Market after Brexit

Studia Europejskie, 2018

Present economic situation in the EU after the crisis of 2008–2010, escalating protectionism among EU Member States, voices in favour of re-industrialization of the EU economy in a traditional style of the 1970s and the 1980s, and the British leadership in services and new business models are the most important challenges for the future development of the EU Internal Market, as well as for the EU economy, as a whole. Therefore, the aim of the paper is to evaluate changes in the structure of the EU economy and intra EU trade in the context of Brexit. To this end, we will analyse changes in values and shares of selected sectors directly linked to the EU Internal Market in value added and intra EU trade in 2010–2014. Moreover, in order to grasp potential consequences of Brexit, we will compare data for the EU-28 and the EU-27 (without the UK). Our research allows us to conclude that Brexit may result in reduced supply of innovative and business services with the highest added value in favour of higher shares of regular manufacturing sectors within the internal market of the EU (both in value added and intra EU-27 trade). Therefore, after the UK leaves, the EU-27 will lose its competitiveness and a strong position in intra EU trade vis-à-vis third countries.

Single European Market after Brexit1

2018

Overcoming European internal borders: towards a genuine single European market

2011

This article focuses on analysing the implications for European integration of overcoming the internal economic borders between the 27 member states and of moving towards a fullyfunctioning single European market. For examining the continuous process of eliminating barriers and reviewing shortcomings within the single market, an analysis of official EU documents and reports and of specialized literature on the topic of the European single market is conducted. As history has shown, the process of establishing the single European market and making it deliver at its full potential was a continuous struggle to overcome the borders between the EU member states. The analysis has pointed out that the efforts towards completing the single market are characterised by a mixture of negative (i.e. removal of barriers) and positive (i.e. creation of common institutions and regulations) integration strategies. Given the existence of both functional and political spillovers in the evolution of the...

Ever tighter union? Brexit, Grexit, and frustrated differentiation in the single market and Eurozone

Comparative European Politics, 2019

Many European political leaders and observers have argued that the European Union's multiple recent challenges call for more "differentiated integration." At first glance, the EU may seem to lend itself quite well to such an approach, with already variegated memberships in the Euro area or Schengen borderless travel zone. What proponents of differentiation tend to overlook, however, is that the Union's core commitments are not set up to permit much internal variation at all. Indeed, in the EU's two flagship policy areas-the Single Market and the Eurozone-the defining institutional principles rule out differentiation to a striking degree. To substantiate this claim, we show that the rules in these areas are considerably more constraining of EU member states than are analogous federal constraints within the USA. We then highlight how these tightly limiting principles of EU economic governance have shaped recent negotiations with Greece in the Eurozone and the UK in the Single Market. While the EU's core constraining principles make calls for differentiation all the more comprehensible, they also underscore that differentiated options may require rather fundamental change to the current institutional status quo.

EU Single Market(s) after Brexit (original) (raw)

Related papers