The EU Services Directive : Gains from Further Liberalization /

The EU Services Directive was adopted in 2006 to foster competition in services across Europe. However, progress in liberalizing services has fallen short of expectations due to the article 15 of the Directive, which allows countries to maintain pre-existing restrictions if judged necessary to prote...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Corugedo, Emilio Fernandez
Weitere Verfasser: Perez Ruiz, Esther
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2014.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2014/113
Online Zugang:Full text available on IMF
Beschreibung
Zusammenfassung:The EU Services Directive was adopted in 2006 to foster competition in services across Europe. However, progress in liberalizing services has fallen short of expectations due to the article 15 of the Directive, which allows countries to maintain pre-existing restrictions if judged necessary to protect the public interest. Through input output analysis, this paper finds important multiplier effects of greater efficiency services to the rest of the economy. A renewed impulse to the liberalization process could be given by enhancing the advocacy role of national competition authorities in interpreting the notion of public interest underpinning existing regulations.
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Beschreibung:1 online resource (25 pages)
Format:Mode of access: Internet
ISSN:1018-5941
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