Tuesday | 29 Sep 2020
CEPS Project

The New Restrictiveness Indicator for Professional Services

An assessment

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This study was conducted for the European Parliament IMCO Committee. After setting out the background of recent EU initiatives in the realm of services, in particular professional services, this study explains in considerable detail the new Restrictiveness Indicator for Professional Services developed by the European Commission, followed by a careful assessment based on seven queries.
It shows that, technically, this indicator is an improvement over similar work done by the OECD but that the empirical results are not radically different from those of the OECD in four such professions. The study cautions that the use of the new indicator has to be combined with assessments of proportionality, and that more attention should be paid to barriers to free movement.