Market Management: Assessing and Evaluating the Standards Process
Focuses on the shortcomings of the new approach to market integration, and the reform efforts to make the single market a finished reality. Highlighting both recent EU proposals for further regulatory reform and industry reactions to them, the chapter provides key insights into the complex and contested nature of market integration. The chapter focuses on the challenges governing the market, not only in terms of legislative and institutional design but also its implementation and evaluation. The problems that remain indicate that the effectiveness and efficiency of the regulatory strategy to address trade barriers, by using both the public and private sector to set down the rules for market access, has undermined the completion of the single market. Market management and regulatory reform have increased in importance in an effort to address the political commitment to the single market, and growing concerns about the efficiency and efficacy of the efforts to reconcile regulation and free trade among divergent national economies.
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