Mutual Recognition in Goods and Services: An Economic Perspective

Jacques Pelkmans

Chapter 3 in The Principle of Mutual Recognition in the European Integration Process, 2005, pp 85-128 from Palgrave Macmillan

Abstract: Abstract Mutual recognition is a remarkable innovation facilitating economic intercourse across borders. In the EU’s internal goods market it has been helpful in tackling or avoiding the remaining obstacles; namely, regulatory barriers between Member States. Mutual recognition (MR) is widely appreciated for the original and simple fashion in which it can solve what seemed long an intractable and infinite steeplechases of overcoming obstacles for thousands of products. It also underlies ingenious ways to facilitate the free movement of services. This general appreciation has spread beyond the Union to other continents and the WTO. The notion of MR has travelled beyond disciplines, too, from European law and the domain of regulatory specialists to economists worldwide.

Keywords: Member State; Foreign Direct Investment; Internal Market; Free Movement; Market Failure (search for similar items in EconPapers)
Date: 2005
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-52435-4_3

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230524354

DOI: 10.1057/9780230524354_3

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().