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I Introduction

I Introduction »

Source: The Impact of the European Community's internal Market on the EFTA : Occa Paper No.74

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 December 1990

ISBN: 9781557751744

The member states of the European Community (EC) and the European Free Trade Association (EFTA) have a special relationship based on geographic proximity, a shared history, common values and—as many see it—a...

IX European Monetary Unification and the EFTA

IX European Monetary Unification and the EFTA »

Source: The Impact of the European Community's internal Market on the EFTA : Occa Paper No.74

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 December 1990

ISBN: 9781557751744

Although the establishment of an economic and monetary union (EMU) is not part of the internal market program, its completion is sometimes seen as a precondition for the program’s success because of the far-...

X Tax Harmonization

X Tax Harmonization »

Source: The Impact of the European Community's internal Market on the EFTA : Occa Paper No.74

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 December 1990

ISBN: 9781557751744

With the implementation of free mobility of commodities and factor inputs, the EC Commission has stressed the need for tax harmonization. The Commission has given top priority to harmonizing indirect taxes,...

IV Effects of Integration

IV Effects of Integration »

Source: The Impact of the European Community's internal Market on the EFTA : Occa Paper No.74

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 December 1990

ISBN: 9781557751744

The EC internal market program has potential effects on the allocation of resources not only within the EC but also in countries with close ties to the Community, such as the EFTA countries. Increased integr...

VI Transport Services

VI Transport Services »

Source: The Impact of the European Community's internal Market on the EFTA : Occa Paper No.74

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 December 1990

ISBN: 9781557751744

Liberalization of the EC’s transport sector is important not only because of its size, but also because extensive restrictions in the sector are thought to have had a negative impact on trade and industry. T...

VIII Financial Services and Capital Movements

VIII Financial Services and Capital Movements »

Source: The Impact of the European Community's internal Market on the EFTA : Occa Paper No.74

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 December 1990

ISBN: 9781557751744

The Community’s efforts to create a European financial area 59 are two-pronged: the removal of all barriers that inhibit cross-border trade in financial services and the establish...

XI Summary and Conclusions

XI Summary and Conclusions »

Source: The Impact of the European Community's internal Market on the EFTA : Occa Paper No.74

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 December 1990

ISBN: 9781557751744

EC-EFTA relations received a major push in 1984, when the EC and EFTA jointly issued the Luxembourg Declaration aimed at creating a dynamic European Economic Space (EES) and signaling the political will to e...

II Background

II Background »

Source: The Impact of the European Community's internal Market on the EFTA : Occa Paper No.74

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 December 1990

ISBN: 9781557751744

Origins of the EC and EFTA The issue of economic and political integration has been on the Western European agenda since the end of World War II (Siegler, 1961). The first step towar...

V Trade in Goods

V Trade in Goods »

Source: The Impact of the European Community's internal Market on the EFTA : Occa Paper No.74

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 December 1990

ISBN: 9781557751744

Most of the trade in goods between the EC and EFTA is in industrial products, which account for more than 90 percent of EFTA exports. Although fish products account for only a small percentage of total EFTA...

III Institutional and Legal Issues

III Institutional and Legal Issues »

Source: The Impact of the European Community's internal Market on the EFTA : Occa Paper No.74

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 December 1990

ISBN: 9781557751744

A number of institutional and legal issues arise as a result of efforts toward intensified EC-EFTA cooperation. There is a need for increased mutual recognition in civil law, particularly with regard to comm...