Author (Corporate) | European Parliament: European Parliamentary Research Service |
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Series Title | EPRS Briefings: European Added Value in Action |
Series Details | November 2017 |
Publication Date | November 2017 |
Content Type | Journal | Series | Blog, Policy-making |
The single market constitutes the largest barrier-free, common economic space in the industrialised world, encompassing over half a billion citizens in an economy with a gross domestic product (GDP) of some €13 trillion. Since its creation the single market has added 2.2% to the EU gross domestic product (GDP), increased employment by 2.8 million, and promoted inward investment into the EU economy. Delivering and completing the existing single market could potentially allow for a €651 billion additional benefit per year. Author: Elodie Thirion |
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Source Link | Link to Main Source http://www.europarl.europa.eu/RegData/etudes/BRIE/2017/611009/EPRS_BRI(2017)611009_EN.pdf |
Subject Categories | Internal Markets |
Countries / Regions | Europe |