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Constitutional Aspects of the European Integration

In: The European Community after 1992

Author

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  • Peter Bernholz

    (University of Basel)

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.

Suggested Citation

  • Peter Bernholz, 1992. "Constitutional Aspects of the European Integration," Palgrave Macmillan Books, in: Silvio Borner & Herbert Grubel (ed.), The European Community after 1992, chapter 3, pages 45-60, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-12048-2_3
    DOI: 10.1007/978-1-349-12048-2_3
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    Cited by:

    1. Vanberg Viktor, 1993. "Constitutionally Constrained and Safeguarded Competition in Markets and Politics with reference to a European Constitution," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 4(1), pages 3-28, March.
    2. Vaubel, Roland, 1994. "The Political Economy of Centralization and the European Community," Public Choice, Springer, vol. 81(1-2), pages 151-190, October.

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