|Author (Corporate)||European Parliament: European Parliamentary Research Service|
|Publication Date||March 2014|
This study brings together work-in-progress on a long-term project to identify and analyse the 'cost of non-Europe' in a number of policy fields. This concept, first pioneered by the European Parliament in the 1980s, is used here to quantify the potential efficiency gains in today's European economy from pursuing a series of policy initiatives recently advocated by the Parliament - from a wider and deeper digital single market to better coordinated national and European policies for defence and development.
The benefits may be measured in additional GDP generated or a more rational use of public resources. The analysis so far suggests that the European economy could be boosted by some €800bn - or 6% of current GDP - by such measures over time. The study is intended as a contribution to the growing discussion about the European Union’s policy priorities for the coming five-year institutional cycle, from 2014 to 2019.
The study was compiled by the European Parliament's European Added Value Unit which provides European Added Value Assessments and Cost of Non-Europe Reports which analyse policy areas where common action at EU level is absent but could bring greater efficiency and a public good for European citizens.
|Subject Categories||Economic and Financial Affairs, Internal Markets|
|Countries / Regions||Europe|