Reference Entry

1992

Edited by John Black, Nigar Hashimzade and Gareth Myles

in A Dictionary of Economics

Fourth edition

Published in print January 2012 | ISBN: 9780199696321
Published online May 2013 | e-ISBN: 9780191759130
1992

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The programme of the European Community (EC) aimed at unifying its *internal market by 1992. The target was the elimination of all barriers to the movement of goods, people, and capital within the EC. This involved the removal of border controls, liberalization of financial markets, harmonization of VAT rates, standardization of industrial regulations, and opening up of government procurement to all EC members....

Reference Entry.  67 words. 

Subjects: Economics

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