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Competitiveness, trade and investment flows

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Description

This area is concerned with the likely impact of policy measures and initiatives on the pursuit of the following economic objectives: improving the ability of EU economies to produce and commercialize abroad goods and service which meet the test of international markets, and to participate to international exchanges of goods, capital and knowledge under free and fair competition, while simultaneously maintaining and expanding employment and real income of EU population over the long term; gradually increasing the economic integration with enlargement countries by expanding international exchanges with them; extracting the highest economic rents from international exchanges of goods, capital and knowledge and minimizing the costs of international operations for the EU economy as a whole.

The Impact Assessment Guidelines of 2005 have been reformed in 2009. Regarding the key questions of the area “Competitiveness, Trade and Investment Flows” one question about productivity has been added.

This impact area is further specified by the taxonomy terms: Competitive Position of EU Firms and Productivity, Cross-border Investment Flows, Impact on Productivity and Correcting Undesirable Outcomes of Market Processes.

Relevant Policies

EU policies aimed at supporting the international economic performance of the Union are manifold. The main actions taken through a number of directives, regulatory documents and decisions include: research activity and promotion of immaterial investments and information technology utilization; standards harmonization and protection of intellectual property; enterprise policy; company law.

The success in Europe is extremely depended from the success of its trading partners. For this reason sustainable development and development policy in general are central to the European Commissions´ approach.

In line with Europe 2020, the EU´ strategy for smart, sustainable and inclusive growth, the Directorate General Enterprise and Industry is working towards five general objectives: (1) to strengthen Europes´ industrial base and promote the transition to a low carbon economy, (2) to promote innovation as a means to generate new sources of growth and meet societal needs, (3) to encourage the creation of SMEs and promote an entrepreneurial culture, (4) to ensure an open internal market for goods and (5) tom support the European presence in space.

The Directorate General (DG) has a key role to play in the implementation of Europe 2020. It is responsible for two of the seven flagship initiatives:

  • “An industrial policy for globalization era” to improve the business environment, notably for SMEs, and to support the development of a strong and sustainable industrial base able to compete globally
  • “Innovation Union” to improve framework conditions and access to finance for research and innovation so as to ensure that innovative ideas can be turned into products and services that create growth and jobs

For more information on the treaty provisions and relevant policies adopted by the community, please refer to http://europa.eu/pol/singl/index_en.htm or http://europa.eu/pol/comp/index_en.htm

Legal Basis for the Commission to Act

Treaty establishing the European Community: Art. 2

“Promote economic and social progress (…) to achieve balanced and sustainable development”, “implementation of a common foreign and security policy”, these are some of the objectives of the European Union which should be achieved. The European Commissions´ mission in the area of “Competitiveness, Trade and Investment flows” is to secure prosperity, solidarity and security in Europe and around the globe. Besides that the European Union engages in helping the world trade and development and thereby boosting competitiveness, jobs and growth. By maintaining this, the European Commission negotiates in bilateral and multilateral trade agreements and they work closely with the World Trade Organization (WTO) to meet the challenges posed by the globalization.

The European Union ensures that trade is open, predictable and fair and that it reflects and respects the special needs and concerns of developing countries, too.

Web Resources

Contact

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Related Terms

Competitive Position of EU Firms and Productivity

Cross-border Investment Flows

Impact on Productivity

Correcting Undesirable Outcomes of Market Processes

Publications and applications

Titelsort descending Type of practice Updated date
Biofuels Communication Application of a Model or Method 2013-09-05 09:24
European Research for Impact Assessment Tools Publication 2014-04-17 14:41
IA Report: Action Plan for Energy Efficiency: Realising the Potential Application of a Model or Method 2013-09-05 10:14
IA Report: A Roadmap for moving to a competitive low carbon economy in 2050 (2011) Application of a Model or Method 2013-07-27 00:18
IA Report: Action Programme for Reducing Administrative Burdens in the European Union Application of a Model or Method 2013-09-03 22:00
IA Report: Building the Single Market for Green Products: Facilitating better information on the environmental performance of products and organisations (2013) Application of a Model or Method 2013-07-24 12:36
IA Report: Communication demonstrating Carbon Capture and Geological Storage (CCS) in emerging developing countries: financing the EU-China Near Zero Emissions Coal Plant project Application of a Model or Method 2013-09-03 12:25
IA Report: Communication on Winning the Battle against Global Climate Change Application of a Model or Method 2013-09-05 11:40
IA Report: Comprehensive trade and investment agreement, called Transatlantic Trade and Investment Partnership, between the European Union and the United States of America (2013) Application of a Model or Method 2013-07-24 21:14
IA Report: Defining the modalities for reaching the 2020 target to reduce CO2 emissions from new light commercial vehicles (2012) Application of a Model or Method 2013-07-24 21:45
IA Report: Defining the modalities for reaching the 2020 target to reduce CO2 emissions from new passenger cars (2012) Application of a Model or Method 2013-07-24 21:40
IA Report: Directive on the comparability of fees related to payment accounts, payment account switching and access to payment accounts with basic features (2013) Application of a Model or Method 2013-07-24 15:57
IA Report: Ecodesign requirements for water pumps (2012) Application of a Model or Method 2013-07-25 18:00
IA Report: Energy Efficiency Plan 2011 (2011) Application of a Model or Method 2013-07-27 13:30
IA Report: Establishing specific conditions to fishing for deep-sea stocks in the North-East Atlantic and provisions for fishing in international waters of the North-East Atlantic (2012) Application of a Model or Method 2013-07-26 17:26
IA Report: Including aviation activities in the scheme for greenhouse gas emission allowance trading within the Community Application of a Model or Method 2013-09-05 10:53
IA Report: Investment agreement between the European Union and the People's Republic of China (2013) Application of a Model or Method 2013-07-24 21:08
IA report: Mid-term review on the Sixth Community Environment Action Programme Application of a Model or Method 2013-09-03 22:29
IA Report: Minimum health and safety requirements regarding the exposure of workers to the risks arising from physical agents (electromagnetic fields) (2011) Application of a Model or Method 2013-07-27 11:49
IA Report: On medical devices (2012) Application of a Model or Method 2013-07-25 18:40
IA Report: Package of Implementation measures for the EU's objectives on climate change and renewable energy for 2020 Application of a Model or Method 2013-09-03 19:42
IA Report: Proposal for a Directive establishing a framework for the recovery and resolution of credit institutions and investment firms (2012) Application of a Model or Method 2013-07-26 14:38
IA Report: Proposal for a Directive of the European Parliament and of the Council amending Council Directives 78/660/EEC and 83/349/EEC as regards disclosure of non-financial and diversity information by certain large companies and groups (2013) Application of a Model or Method 2013-07-24 15:45
IA Report: Proposal for a Directive on energy efficiency (2011) Application of a Model or Method 2013-07-27 13:16
IA Report: Proposal for a Directive on the promotion of the use of energy from renewable sources Application of a Model or Method 2013-09-03 16:15
IA Report: Proposal for a Regulation establishing a framework on market access to port services and financial transparency of ports (2013) Application of a Model or Method 2013-07-24 20:02
IA Report: Proposal for a Regulation establishing a Registered Traveller Programme (2013) Application of a Model or Method 2013-07-24 13:32
IA Report: Proposal for a Regulation establishing the Connecting Europe Facility (2011) Application of a Model or Method 2013-07-30 12:45
IA Report: Proposal for a Regulation of the European Parliament and of the Council on fluorinated greenhouse gases (2012) Application of a Model or Method 2013-07-24 21:34
IA Report: Proposal for a Regulation on a Common European Sales Law (2011) Application of a Model or Method 2013-07-29 23:20
IA Report: Proposal for a Regulation on promoting the free movement of citizens and businesses by simplifying the acceptance of certain public documents in the European Union (2013) Application of a Model or Method 2013-07-24 16:16
IA Report: Proposal for a Regulation on the Common Fisheries Policy (2011) Application of a Model or Method 2013-07-29 23:55
IA Report: Protection of individuals with regard to the processing of personal data and on the free movement of such data (General Data Protection Regulation) (2012) Application of a Model or Method 2013-07-26 17:15
IA Report: Protection of individuals with regard to the processing of personal data by competent authorities for the purposes of prevention, investigation, detection or prosecution of criminal offences or the execution of criminal penalties etc (2012) Application of a Model or Method 2013-07-26 17:13
IA Report: Recording equipment in road transport (2011) Application of a Model or Method 2013-07-30 01:02
IA Report: Regulation on type-approval of motor vehicles and engines with respect to emissions from heavy duty vehicles (EURO VI) and on access to vehicle repair and maintenance information Application of a Model or Method 2013-09-03 22:15
IA Report: Renewable Energy - a major player in the European energy market (2012) Application of a Model or Method 2013-07-25 18:07
IA Report: Roaming on public mobile communications networks within the Community (2011) Application of a Model or Method 2013-07-29 15:54
IA Report: Safety of offshore oil and gas prospection, exploration and production activities (2011) Application of a Model or Method 2013-07-27 12:37
IA Report: Type-approval of motor vehicles with respect to emissions and on access to vehicle repair information Application of a Model or Method 2013-09-05 11:23
SUSMETRO Project 2013-10-21 11:16
The Policy-Relevancy of Impact Assessment Tools: Evaluating Nine Years of European Research Funding Publication 2014-07-09 16:32

Content for this term

Titlesort descending Type Updated date
Competitiveness, Trade and Investment Flows Impact Area 2013-11-01 12:28
E3ME Model 2014-04-23 15:36
Intertemporal Computable Equilibrium System Model 2013-11-26 08:29
Lazaro, Jose Maria Expert 2014-03-05 09:37
METal ResOurces Model Model 2014-01-27 11:05
TechnoGIN technical coefficient generator Model 2013-11-26 08:29
WIOD Computable General Equilibrium Model Model 2014-01-30 14:39
WITCH Model 2013-11-26 08:29