The Economics of the Common Market

This book provides an in-depth study of the economic principles underlying the creation of the Common Market and the development of policy ever since the last edition . To take account of all the latest changes Professor Swann has fully updated his discussion of the decision-making institutions, proposed monetary union, the Single European Act and the reformed CAP. Other major aspects - transport and tariff barriers, fisheries and factor movements, social, regional and industrial policy, energy and the environment - are given equally comprehensive treatment. The EC may have always had a political purpose, but its fundamental framework is economic; a definitive description appears in this volume.