Summary of Priorities for Completing the European Union's Single Market

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Priorities for Completing the European Union's Single Market summary
The key to economic recovery in the European Union is more single-market integration.

Rating

7 Overall

8 Importance

7 Innovation

6 Style

Recommendation

Following the global financial crisis, headway toward achieving a European Union single market plateaued, in parallel with a painfully slow economic recovery. In this thorough study, economist Jan Stráský suggests that kick-starting market integration will revive growth. The critical push is in the prioritization of short- and long-term policy objectives. With the caveat that the report is more accessible to the policy wonk than the lay reader, getAbstract recommends this instructive analysis to those interested in understanding the arcana of EU markets.

In this summary, you will learn

  • Why progress toward single-market integration in the European Union has been slow
  • What reforms would help restart the process and accelerate economic growth
 

Summary

Obstacles have always marked the path to a European Union single market, and progress hit a lull following the global financial crisis. In turn, ongoing barriers to economic integration are hampering economic recovery. Targeted structural reforms to restart the single-market momentum would also boost...
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About the Author

Jan Stráský is an economist at the OECD.


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