scholarly journals The role of the Single Euro Payments Area for the potential single European market

Equilibrium ◽  
2009 ◽  
Vol 3 (2) ◽  
pp. 67-75
Author(s):  
Anna Pyka

The creation of Single Euro Payments Area (SEPA) is the next stage of economic integration of Europe connected with clearings and payments area. The idea behind the activities within SEPA programme is the introduction of mechanisms for effective Euro payments in Europe and treatment of this area as a single market with all the consequences to do with the time of transaction and charges occurring. According to SEPA, different local solutions will be replaced by a common payment system and unified standards regulated by homogenous consumer law. This in turn shall bring in the following effects: easy, fast, safe and cheap payments for the whole European market. This article shows the conditions of implementation of SEPA programme and the consequences stemming from the single payments area.

Author(s):  
Simon Bulmer ◽  
Owen Parker ◽  
Ian Bache ◽  
Stephen George ◽  
Charlotte Burns

This chapter examines the European Union’s (EU’s) original decision to create a single market and the moves to complete the internal market—what became known as the single market programme—in the 1980s. The economic ideal of a common or single European market lies at the core of the EU. The decision to institute a drive to achieve a single internal market by the end of 1992 played a key role in the revival of European integration. The chapter first traces the development of internal market policy before discussing the record of implementation beyond 1992. It then considers recent policy developments in relation to the single market in the context of the Barroso (2005–14) and Juncker (2014–19) Commission presidencies. It also reviews the academic literature on the single market, focusing on the main explanations for its development and some key ideological or normative perspectives on its consequences, including political economy critiques.


1993 ◽  
Vol 13 (3) ◽  
pp. 279-298 ◽  
Author(s):  
Anna Pollert

AbstractThis paper examines the logic and implications of the Single European Market for the food manufacturing sector. It points to the role of multinationals in this sector and the process of concentration through merger and acquisition as a central growth strategy. It suggests that rather than encourage further concentration, European policy should concern itself with the benefits as well as the problems of regional differentiation and the complementarity rather than the conflict of different scales of production and distribution.


2014 ◽  
Vol 51 (2) ◽  
pp. 294-326 ◽  
Author(s):  
John Leslie

This article demonstrates the utility of comparative historical approaches and tools for temporal analysis in comparative regional integration. Over three decades Australian and New Zealand policymakers constructed a Trans-Tasman Single Economic Market that, like the Single European Market, creates supra-national authority and removes administrative barriers to free movement of goods, services capital and people. Like the Single European Market, the Trans-Tasman Single Economic Market regulates internal movements of people liberally. In Europe, some argue, liberal regulation of people movements has led to politicization of integration. In Australia and New Zealand integration has no mass political salience. This article compares European and trans-Tasman integration to explain these divergent outcomes. It shows how differing sequences of events can explain varying levels of mass mobilization around integration in the two cases. In Europe ‘economic integration’ preceded the liberalization of people movements. Trans-Tasman integration reversed this sequence.


1999 ◽  
Vol 07 (04) ◽  
pp. 365-388
Author(s):  
ELKE PIOCH ◽  
RUTH A. SCHMIDT

The introduction of the Single European Market (SEM) acted as a catalyst to internationalization activities throughout the European Union (EU). Set against the backdrop of a wider study of retail change within the SEM this industry case study examines the changing role of the independent sector within French book retailing in the face of a growing trend towards cross-border activity. The interplay between consumer culture and the dynamics of the changing structural components of the market is discussed against the backdrop of a wider EU context. Barriers and challenges as well as opportunities for international activities are examined and the respective positioning of the different types of retail capital considered. Conclusions highlight the importance of entrepreneurial style rather than the size of the firm as a driver of international activity and present a discussion of likely future trends in this market.


2020 ◽  
Vol 56 (1) ◽  
pp. 20-30
Author(s):  
Edward Molendowski ◽  
Wojciech Polan

Abstract It is a common knowledge that the eastern enlargement of the European Union (EU) was an extremely important undertaking for both the New Member States (EU-10) and the “old Union” countries (EU-15). One of the most important effects was significant acceleration of the development of mutual trade links, including changes in their commodity structure. In the study presented in this article, we attempted to verify the hypothesis whether, as a consequence of the eastern enlargement, the EU-10 and EU-15 markets were increasingly treated by the exporters and importers from Poland as a single market. In analyzing changes in the similarity of import and export structures, we calculated “Euclidean distance” (in 2004–2017), the measure based on absolute differences of individual structure indices. We compared the results for Poland with the other New Member States operating on the single European market. We found that for more than a dozen years Polish exporters and importers have contributed to the increasing similarity of the structures of their respective countries’ trade and the EU patterns mostly shaped by the EU-15. The results reflect the ongoing unification of the foreign trade system and its arrangement toward the recognition of both areas as a single market.


Author(s):  
Ian Bache ◽  
Simon Bulmer ◽  
Stephen George ◽  
Owen Parker

This chapter examines the European Union’s original decision to create a single market and the moves to complete the internal market — what became known as the single market programme — in the 1980s. The economic ideal of a common or single European market lies at the core of the EU. The decision to institute a drive to achieve a single internal market by the end of 1992 played a key role in the revival of European integration. The chapter first traces the development of internal-market policy before discussing the record of implementation beyond 1992. It then considers recent policy developments in relation to the single market in the context of the eurozone crisis which began in 2009. It also reviews the academic literature on the single market, focusing on the main explanations for its development and some key ideological or normative perspectives on its consequences.


Legal Studies ◽  
1993 ◽  
Vol 13 (1) ◽  
pp. 1-15 ◽  
Author(s):  
Roy Goode

The impending arrival of the Single European Market and the consequent drive towards European legal integration raise in stark form the future role of the national law school. Should we continue to have national law schools at all, in the sense of law schools with a predominantly national focus? Or should we move towards a system in which the typical law school, though located in a particular country within Europe, encompasses a structure, a body of staff and students and a curriculum which are a national and which focus on European laws and institutions rather than on those of the particular home State? I-f law schools are to retain their essentially national character, how should the growing influence of European law in general and Community law in particular affect their role, organisation and activities?


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