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But a process of regulatory harmonization was initiated in 1985 so that what limited the common market in terms of economies of scale would disappear with the single market -- hence this whole enterprise of regulatory convergence, harmonization and mutual recognition.
The integration strategy fueled by forced convergence, harmonization, and standardization of everything from markets to product regulations, and from social policies to monetary affairs, is simply failing to address Europe's unemployment and fiscal imbalances, and at the same time it is weakening its long-term viability as a democratic project.
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Health Canada strongly supports and participates in efforts aimed at international regulatory convergence and harmonization.
Where a simple free-trade area need only address the question of tariffs and quotas, the trade in services and a widening of trade in goods raises questions of regulatory convergence and the harmonization of rules of operation and governance.
The significance of the introduction of this concept is the emphasis that harmonization and convergence of drug regulations among multiple countries across the Asia-Pacific are ultimately for regulatory cooperation to expedite the access of patients to medicines and to benefit public health.
In Chinese history, the three religions of Buddhism, Daoism and Confucianism stand on their own independent views, and yet are "involved in a process of attempting to find harmonization and convergence among themselves, so that we can speak of a 'unity of three religious teaching' (sanjiao heyi)".
Christopher Janney, Harmonic Convergence, 2011.
Second, over the past decade many countries have adopted IFRS in an attempt to increase the harmonization and global convergence of accounting rules and reporting standards.
Several potential factors responsible for the decline in dispersion in Europe are the harmonization of tax rates, convergence of income and labor costs, liberalization of trade and factor markets, and increased coherence of monetary policy.
Harmonic's convergence.
This paper analyzes convergence and divergence in issues surrounding policy harmonization, transnational sharing, informed consent, traceability and return of results in the context of stem cell banks.
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