The European Commission regularly monitors and analyses the functioning of the EU Single Market for services. This page contains key economic reports and studies which inform the Commission's policies in this area.
On 28 October 2015, the Commission presented a new Single Market Strategy to deliver a deeper and fairer Single Market. The strategy includes a number of actions to further develop the Single Market for services. The economic analysis below supports this strategy:
The economic analysis for the Single Market Strategy builds on the findings of a 2012 study on the impact of the Services Directive. The study found that potential benefits had not yet fully been captured, and that more ambitious implementation of the Services Directive could yield 1.8% EU GDP growth.
A 2014 update of this study concluded that of the 1.8% EU GDP growth potential identified, national services reforms carried out from 2012 to 2014 would yield no more than 0.1% EU GDP growth.
This 2014 report by the IMF also looks at the impact of the Services Directive and potential output and employment gains from further liberalisation of services.
The Commission has carried out further work on the impact of regulation in different service sectors:
More broadly, economic analysis is also available on the costs of not taking common policy action at a European level ('non-Europe'):
Regulation in the services sector has wider consequences for industry:
These reports published in 2013 and 2014 review the functioning of the Single Market. They focus on three key policy areas: services, networks and the digital economy.
They take stock of what progress has been made, identify remaining bottlenecks and define a set of policy priorities. In this way, they contribute to the Commission's Annual Growth Survey, and to the further identification of country specific recommendations in the context of the European semester.