Publication detail

The single market

Authors: Mandysová Ivana

Year: 2004

Type of publication: článek ve sborníku

Name of source: Aktuální otázky rozvoje regionů

Publisher name: Univerzita Pardubice

Place: Pardubice

Page from-to: 212-218

Titles:

Language	Name	Abstract	Keywords
cze	The single market	The Community has instituted a common competition law to safeguard the liberalization of its enlarged market. Enactment of the Single European Act (SEA) in 1985 also led to completion of the internal EU market in 1992. The Commission and independent observers estimated the gains from the single market which consist of the static effects of increases in potential income with given endowments of labour and capital and the dynamic effects of increases over time of the capital stock in response to efficiency gains. Although the evaluation of these effects is difficult and inexact, the prediction is that, under specific conditions, the economic effect of the completion of the EU internal market will be large. Actually, 1992 showed the first phase of completion of the single market. Fit took the EU another ten years to complete the second phase of the single market by monetary unification.	The Community has instituted a common competition law to safeguard the liberalization of its enlarged market. Enactment of the Single European Act (SEA) in 1985 also led to completion of the internal EU market in 1992. The Commission and independent observers estimated the gains from the single market which consist of the static effects of increases in potential income with given endowments of labour and capital and the dynamic effects of increases over time of the capital stock in response to efficiency gains. Although the evaluation of these effects is difficult and inexact, the prediction is that, under specific conditions, the economic effect of the completion of the EU internal market will be large. Actually, 1992 showed the first phase of completion of the single market. Fit took the EU another ten years to complete the second phase of the single market by monetary unification.
eng	The single market	The Community has instituted a common competition law to safeguard the liberalization of its enlarged market. Enactment of the Single European Act (SEA) in 1985 also led to completion of the internal EU market in 1992. The Commission and independent observers estimated the gains from the single market which consist of the static effects of increases in potential income with given endowments of labour and capital and the dynamic effects of increases over time of the capital stock in response to efficiency gains. Although the evaluation of these effects is difficult and inexact, the prediction is that, under specific conditions, the economic effect of the completion of the EU internal market will be large. Actually, 1992 showed the first phase of completion of the single market. Fit took the EU another ten years to complete the second phase of the single market by monetary unification.	The Community has instituted a common competition law to safeguard the liberalization of its enlarged market. Enactment of the Single European Act (SEA) in 1985 also led to completion of the internal EU market in 1992. The Commission and independent observers estimated the gains from the single market which consist of the static effects of increases in potential income with given endowments of labour and capital and the dynamic effects of increases over time of the capital stock in response to efficiency gains. Although the evaluation of these effects is difficult and inexact, the prediction is that, under specific conditions, the economic effect of the completion of the EU internal market will be large. Actually, 1992 showed the first phase of completion of the single market. Fit took the EU another ten years to complete the second phase of the single market by monetary unification.

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