The Cecchini report – 20 years later

Résumé du document

With the Maastricht Treaty, in 1992, the European Community will now be a single market composed of twelve countries, with no more barriers between them. This change was of course studied and analyzed before coming into force. The European Commission, in 1986, mandated Mr Cecchini to make an investigation, in order to point out precisely the benefits the Community could get from this single market. This work is based on the White paper 1985, which contains detailed proposals, a schedule, and a mechanism to achieve the Single European Market. The inquiry was completed in 1988, and shows clearly the point in implementing this SEM. Nevertheless, more than ten years later, the expectations born from this study are not always verified.

Extraits

[...] The inquiry estimates a cost reduction from 1 to depending on the industries and calculated that the consumer prices will deflate by an average of 6%. The prices fall is even expected to be from 10 to or even more, in the industries where governments' involvement is important (Cecchini Report). Indirect dynamic effects will also be an improvement of industry efficiency and structure, a wider consumer choice and an increase in intra community trades (Effects of removing pilot barriers were analyzed and classified using the following model). [...]

[...] Productivity in the Industrial sector raised by only during each of the years 1992 and 1993. An extra prosperity to the cumulated value of billion over the last ten years has been created by the creation of the Single Market, which means per household on average of services suppliers estimate that the abrogation of the trade barriers permitted them increasing their sales by 20% (The Internal Market Ten Years without Frontiers. p.2). EU exports to third countries increase as well, from of EU GDP in 1992 to in 2001. [...]

[...] The Cecchini report 20 years later Introduction With the Maastricht Treaty, in 1992, the European Community will now be a single market composed of twelve countries, with no more barriers between them. This change was of course studied and analyzed before coming into force. The European Commission, in 1986, mandated Mr Cecchini to make an investigation, in order to point out precisely the benefits the Community could get from this single market. This work is based on the White paper 1985, which contains detailed proposals, a schedule, and a mechanism to achieve the Single European Market. [...]

[...] Conseil d'Analyse Economique, n°23. La Documentation Française. [...]

[...] But the Single Market is not finished yet, and it does not really have an end; whatever the achievements can be, there will always be new challenges: as soon as a barrier has been passed, a new one comes, and it will always be so. Bibliography Baldwin Economic Policy No Cambridge University Press Cecchini, P The European Challenge 1992. Gower. Also called The Cecchini report Fitoussi, J.P. & Passet, O Réduction du chômage : les réussites en Europe The Internal Market Ten years without frontiers. [...]