New European Commission Report: “The Economic Impact of the European Single Market”

A new flagship publication from the European Commission, co-authored by Pau DURÁ, an alumnus of the European Economic Studies Department, offers a timely and in-depth assessment of the true economic impact of the European Union’s Single Market.

Based on a thorough review of decades of data and state-of-the-art economic modelling, the report finds that the EU’s GDP is significantly higher today thanks to the Single Market. The authors estimate that economic output is at least 3 to 4 percentage points greater than it would have been without it, and potentially twice as much when dynamic effects such as increased competition and innovation are taken into account.

The study highlights key benefits such as reduced trade costs, strengthened economic ties, and enhanced cross-border cooperation. It also underlines the considerable untapped potential of further integration, making this a timely contribution to the ongoing conversation on Europe's economic and strategic future.

We warmly congratulate Pau DURÁ for co-authoring this major publication and for his continued contribution to European economic policy thinking.

Discover the full publication: The Economic Impact of the European Single Market