Abstract
The impact of completing the Single European
Market (SEM) on the economies ofthe Member States
is predicted as a combination of economies of scale and
greater competition (CECCHINI1, 988). In spatial
terms, this implies a reallocation of resources to
exploit the comparative advantage of different regions
and countries. For the problem regions, especially
those on the periphery of Europe, the integration
process could lead to a variety of adverse sectoral and
regional consequences. The effect of greater competition,
for example, may reduce indigenous sectoral
strengths and diversity and increase external control.
The emergence or strengthening of agglomeration
tendencies in core regions may lead to a growing
centralization of investment and decision-making.
Original language | English |
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Pages (from-to) | 173-180 |
Number of pages | 7 |
Journal | Regional Studies |
Volume | 24 |
Issue number | 2 |
DOIs | |
Publication status | Published - Apr 1990 |
Keywords
- inward investment
- UK
- Single European Market