The EU influences regulations in all member states directly through EU regulations, which have immediate legal effect within their national legislative system, and indirectly through EU directives.
When Slovakia joined the EU in 2004, the union accounted for 26 per cent of the world's gross domestic product (GDP), just behind the US at 28 per cent.
Poland’s per capita GDP rose significantly after joining the European Union, reaching almost 80 per cent of the EU average by 2022, fuelled by increased trade, investment, and labour market opportunities. However, regulatory barriers, enforcement deficits, and incomplete service market integration continue to pose challenges.
As we celebrate 20 years of CEE membership in the Single Market, what are the liberalising regulatory reforms that can ensure the competitiveness of the EU for the next 30 years?
Poor policymaking has significantly contributed to Europe’s challenges across various fields. Despite politicians’ professed commitment to evidence-based policymaking, the paper highlights how decisions are infected by populism and short-termism.
Imagine you are running a business. You have a small business or a trade, and you are making just enough to maintain the same standard of living through challenging times.
International literature consistently reveals that excessive regulation hampers economic growth. This CEPOS briefing conducted a thorough analysis of 68 studies investigating the link between regulation and growth, with most indicating a negative correlation, signifying that increased regulation impedes economic progress.