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Europe : rising economic nationalism? / Raymond J. Ahearn.
HeinOnline Taxation & Economic Reform in America, Parts I & II, 1781-2010 Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Ahearn, Raymond J., author.
- Series:
- CRS report for Congress.
- CRS report for Congress
- Language:
- English
- Subjects (All):
- Europe--Economic aspects.
- Europe.
- Europe--Economic policy.
- Physical Description:
- 1 online resource (6 pages).
- Place of Publication:
- Washington, District of Columbia : Congressional Research Service, 2007.
- Summary:
- Several members of the European Union (EU) over the past year have been erecting barriers to cross-border mergers and acquisitions, possibly in violation of the Single Market commitments. The main focus of these anti-competitive actions, often dubbed economic nationalism or economic patriotism by the press, is on corporate control, particularly n the banking, steel, and energy sectors. Unlike the 1980s, when the main opposition to creation of the single Market for goods, capital, labor, and services came from companies resistant to being exposed to more international competition, the main opposition to liberalization today comes from some member state governments (and or politicians) fearful of losing national prestige and jobs as a result of merger activity. This report examines the nature and significance of rising economic nationalism, as well as how U.S. interests may be affected.
- Notes:
- Description based on publisher supplied metadata and other sources.
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