Constitutional Aspects of the European Integration

Peter Bernholz
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Peter Bernholz: University of Basel

Chapter 3 in The European Community after 1992, 1992, pp 45-60 from Palgrave Macmillan

Abstract: Abstract The completion of the European Internal Market not only opens up the prospect of reaping the static, once-and-for-all efficiency gains promised by international trade theory. It also provides the opportunity to increase the growth rates of the GDPs of West European economies, to create new jobs and to reduce unemployment for perhaps more than a decade. These positive consequences can take place if the completion of the internal market makes it possible, by removing frontiers, to break up a welter of national regulations, to strengthen competition in the markets, including labour markets, to remove entry barriers to markets, to lead to competition between Member States in lowering marginal tax rates and to weaken state-owned monopolies.

Keywords: Member State; Public Choice; Gross National Product; European Constitution; Political Perspective (search for similar items in EconPapers)
Date: 1992
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DOI: 10.1007/978-1-349-12048-2_3

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