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

Author(s): Robert Basedow, Matteo Fiorini, Bernard Hoekman and Aydin Yildirim

Publication Date: May 2020

Keyword(s): European Union, issue linkage, nontrade issues and Trade agreements

Programme Area(s): International Trade and Regional Economics

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.

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Bibliographic Reference

Basedow, R, Fiorini, M, Hoekman, B and Yildirim, A. 2020. 'EU Trade and Non-Trade Objectives: New Survey Evidence on Policy Design and Effectiveness'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=14835