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Regulatory Reform and Competitiveness in Europe, 1 - Horizontal Issues (Hardcover)
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Regulatory Reform and Competitiveness in Europe, 1 - Horizontal Issues (Hardcover)
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Concerns about European prospects for competitiveness, jobs and
growth are high on the European Union agenda and regulatory reform,
both at national and EU levels, is widely recognised as a crucial
tool for improving the performance of European companies. Despite
the single market, selective sectoral regulatory reform and certain
reforms at the national level, regulation in Europe still tends to
discourage new entrants, impede new production methods and inhibit
the exit of existing competitors. It often increases costs without
providing compensatory benefits, reduces operational flexibility
and distorts capital expenditure, creating obstacles to innovation.
The authors in this book argue that regulatory reform can, more
often than not, help improve the competitiveness of companies while
generating net growth effects for the European Union as a whole.In
this book, the authors discuss the horizontal issues involved in
regulatory reform. Following an extended introduction by the
editors, two general chapters address regulation and growth, and
the regulatory burdens and failures in Europe. Other chapters deal
with national competition policy, state aid, EU environmental
policy, reforms in product markets, labour market reforms, the
regulatory environment of small and new firms, and the current,
insufficient EU reforms to improve regulatory quality. Throughout
the book the authors aim to demonstrate how the market can function
more efficiently and offer policy recommendations to show how
regulatory reform can improve competitiveness at the firm level as
well as performance at the industry, national and EU levels.
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