EU Trade Sustainability Impact Assessments: Revisiting the Consultation Process

25 Pages Posted: 11 Feb 2022

See all articles by Bernard Hoekman

Bernard Hoekman

European University Institute - Robert Schuman Centre for Advanced Studies (RSCAS); Centre for Economic Policy Research (CEPR); Economic Research Forum (ERF)

Hugo Rojas-Romagosa

World Bank

Multiple version iconThere are 2 versions of this paper

Date Written: February 11, 2022

Abstract

Trade sustainability impact assessments (SIAs) are the main tool used by the European Commission to assess the potential effects of trade policy initiatives and to engage with stakeholders. SIAs have two elements: a model-based quantitative analysis and a consultation process. Both include a focus on a broad range of non-trade issues, many of which are included in sustainable development chapters of EU trade agreements. This paper argues for making consultation processes a more useful input into the design of trade cooperation. Scaled responses to a survey with closed end questions on a broad range of non-trade policy objectives combined with deliberative polling of a representative sample of survey respondents could help identify what stakeholders in the EU and partner countries perceive to be priority non-trade objectives, as well as issue-specific baselines, performance targets and appropriate instruments to apply. Building bridges between a revamped ex ante consultation process and mechanisms that encompass public and private actors to support implementation, resolve problems and assess progress over time could further help achieve trade and sustainable development goals.

Keywords: Sustainability impact assessments, consultations, trade negotiations, non-trade issues, EU.

Suggested Citation

Hoekman, Bernard and Rojas-Romagosa, Hugo, EU Trade Sustainability Impact Assessments: Revisiting the Consultation Process (February 11, 2022). Robert Schuman Centre for Advanced Studies Research Paper No. 2022/07, Available at SSRN: https://ssrn.com/abstract=4032751 or http://dx.doi.org/10.2139/ssrn.4032751

Bernard Hoekman (Contact Author)

European University Institute - Robert Schuman Centre for Advanced Studies (RSCAS) ( email )

via Boccaccio 121
Florence, Florence 50133
Italy

Centre for Economic Policy Research (CEPR)

London
United Kingdom

Economic Research Forum (ERF) ( email )

21 Al-Sad Al-Aaly St.
(P.O. Box: 12311)
Dokki, Cairo
Egypt

Hugo Rojas-Romagosa

World Bank ( email )

1818 H Street, NW
Washington, DC 20433
United States
20433 (Fax)

Do you have negative results from your research you’d like to share?

Paper statistics

Downloads
24
Abstract Views
193
PlumX Metrics