EUROPEAN INTEGRATION: THE IMPLICATIONS FOR UK POLICIES ON LABOUR SUPPLY ANDDEMAND
The development of a single market in goods and services within the European Community during the 1990s has potentially far-reaching implications for the conduct of economic and social policy in Britain. The ‘social dimension’ to economic integration is particularly important in this respect. The role of social policy is yet to be properly defined in relation to the other elements in the Community’s programme of legal and institutional reform, namely the liberalisation of trading rules and the harmonization of regulations in capital and product markets. There is no immediate prospect of agreement on an equivalent programme of harmonization in the area of the labour market. At the same time, policy-making in Britain can no longer be carried out in isolation from the growing influence of Community standards and the experience of other European systems.