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European Economic Integration - The Role of Technology (Paperback, Softcover reprint of the original 1st ed. 1991)
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European Economic Integration - The Role of Technology (Paperback, Softcover reprint of the original 1st ed. 1991)
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Gerald R. Faulhaber and Gualtiero Tamburini University of
Pennsylvania and Universita Delgi Studi di Bologna This book brings
together chapters by a group of European and North American
economists, all of which focus on a single aspect of the ongoing
plan for European economic integration - the role of technology.
Indeed, the plan for European integration has many aspects social,
institutional, and political. From a broad standpoint, the program
approved by the 12 member states of the European Economic Community
(Single European Act) in 1986 addresses these problems. Among other
things, the Act pro vi des for the progressive establishment of a
single internal market by 1992. At its most basic, this single
European market means the unrestricted circulation of goods,
people, services, and capital, unhindered by borders, tariffs, or
restrictive national practices. The actual economic integration as
planned by the Single Act will have a variety of consequences. On
the whole, there will be the consolidation of the benefits already
gained over the 2 Introduction previous 30 years due to the
progressive lowering of tariff barriers within the Common Market.
In particular, there has a been a shift away from Iimited national
markets toward the wider market of the Community. In turn, this
expansion of the market promises improved economies of scale and
scope for many industries and a more efficient geographic
allocation of production."
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