Highlights - Study: indicators for measuring the Performance of the Single Market - Committee on the Internal Market and Consumer Protection

The IMCO Committee heard a presentation of the study recently commissioned by the Committee in the area of Single Market policy. The study on Indicators for measuring the Performance of the Single Market – Building the Single Market Pillar of the European Semester analyses the possibility of defining a monitoring tool and evaluation system to measure the economic and regulatory performance of the Single Market, with a view to making use of these tools in the context of the European Semester. The study concludes that an integrated measurement system can be devised to perform this function. With respect to regulatory indicators, it proposes using a “Single Market Gap” composite indicator which would measure in what Member States and to what extent non-national EU citizens/companies face additional burdens compared to nationals. Such an indicator could be easily used for policy recommendations addressed to Member States during the European Semester.