EU Trade and Non-Trade Objectives: New Survey Evidence on Policy Design and Effectiveness

21 Pages Posted: 3 Jun 2020

See all articles by robert basedow

robert basedow

affiliation not provided to SSRN

Matteo Fiorini

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

Bernard Hoekman

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

Aydin Yildirim

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

Date Written: May 2020

Abstract

EU trade policy increasingly focuses on the achievement of so-called non-trade policy objectives (NTPOs) such as the promotion of human rights or environmental protection, motivating research on the political economy determinants and effectiveness of linking of trade policy and NTPOs. This research note reports selected findings from a new expert survey of stakeholder perceptions on trade-NTPO linkage. These suggest that EU institutions' views align more with those of civil society organizations than business, but also reveal significant differences in the perceived effectiveness of trade-NTPO linkage strategies. Many stakeholder groups believe that policy instruments other than trade agreements are better tools to pursue NTPOs. These findings suggest that further research on EU trade policy and nontrade issues should consider the broader range of external policy tools available to the EU in pursuit of NTPOs and the determinants of differences in preferences for alternative policy instruments.

Keywords: European Union, issue linkage, nontrade issues, Trade agreements

JEL Classification: F13

Suggested Citation

basedow, robert and Fiorini, Matteo and Hoekman, Bernard and Yildirim, Aydin, EU Trade and Non-Trade Objectives: New Survey Evidence on Policy Design and Effectiveness (May 2020). CEPR Discussion Paper No. DP14835, Available at SSRN: https://ssrn.com/abstract=3615598

Robert Basedow (Contact Author)

affiliation not provided to SSRN

Matteo Fiorini

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

Villa La Fonte, via delle Fontanelle 18
50016 San Domenico di Fiesole
Florence, Florence 50014
Italy

Bernard Hoekman

Robert Schuman Centre for Advanced Studies ( email )

Fiesole, Tuscany
Italy

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

Villa La Fonte, via delle Fontanelle 18
50016 San Domenico di Fiesole
Florence, Florence 50014
Italy

Centre for Economic Policy Research (CEPR)

London
United Kingdom

Aydin Yildirim

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

Villa La Fonte, via delle Fontanelle 18
50016 San Domenico di Fiesole
Florence, Florence 50014
Italy

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