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SINGLE MARKET - Coggle Diagram
SINGLE MARKET
EVOLUTION
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April 1985- Commission White Paper Completing the Internal Market: 300 measures to enable completion of the internal market
1986 - Single European Act = relaunching single market by 1192 : institutional framework for Single market
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2007 (2009) -Lisbon treaty = 10 years to make EU dynamic and competitive in economy in the world --> fails bc slow progress/ no political will
REMAINING BARRIERS
Intangible obstacles = différent national historical experiences, cultures, tradition
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MS resistance to fully open certain sectors (energy, education, health, transport)
Ideological differences amongst EU policy-makers on the correct balance between regulation of the market and the operation of the market
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KEY FEATURES
The free movement of goods, persons, services, and capital between MS:
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Competition policy
safeguard the correct functioning of the single market = enterprises must have the possibility to compete on equal terms on the markets of all Member States.
OBJECTIVES TODAY
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Promote human, animal and plant health and animal welfare
MAIN GOALS
An area of free movement of people, money, goods, and services (the ‘four freedoms’)
assist economic growth and promote stability, employment and prosperity
Removing technical, legal, bureaucratic Barries to trade and free movements between EU MS
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SINGLE MARKET AND BREXIT
UK wanted free movement of money, good, services but not people. BUT the four freedom INDIVISIBLE
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