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Jürgen Matthes / Ilaria Maselli IW-Report No. 18 27. June 2017 Ensuring accountability in modern trade policy

Attempts to foster trade liberalisation with a new generation of trade agreements aimed at lowering non-tariff barriers face opposition among the general public. Many fear that trade liberalisation risks lowering the level of protection embedded in regulations that are aimed at safeguarding social rights, health and the environment.

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Ensuring accountability in modern trade policy
Jürgen Matthes / Ilaria Maselli IW-Report No. 18 27. June 2017

Ensuring accountability in modern trade policy

IW-Report

German Economic Institute (IW) German Economic Institute (IW)

Attempts to foster trade liberalisation with a new generation of trade agreements aimed at lowering non-tariff barriers face opposition among the general public. Many fear that trade liberalisation risks lowering the level of protection embedded in regulations that are aimed at safeguarding social rights, health and the environment.

Such criticism cannot be ignored. As we argue in this paper, by clarifying its view on this issue, the EU can further strengthen the position in fora like the G7 and the G20 where the topic of trade is currently under discussion. But along which lines? Regulatory cooperation, in the context of the new generation of trade agreements, is promising, reasonable and controllable. If done correctly, regulatory cooperation will benefit consumers and not threaten consumer protection. However, a regulatory cooperation body needs transparency and a set of rules to be fully accountable to EU citizens.

Looking at the way the same issue was dealt with in the context of monetary policy and independent central banks, we propose a mix of provisions that aim at defining a clear mandate, enforcing transparency of operations and establishing a reputation.

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Ensuring accountability in modern trade policy
Jürgen Matthes / Ilaria Maselli IW-Report No. 18 27. June 2017

Jürgen Matthes / Ilaria Maselli: Ensuring accountability in modern trade policy

IW-Report

German Economic Institute (IW) German Economic Institute (IW)

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Jürgen Matthes / Edgar Schmitz IW-Report No. 30 11. June 2024

Competitive pressure from China for German companies

A firm survey conducted in March/April 2024 as part of the IW-Zukunftspanel among around 900 German companies from the manufacturing and industrial services sectors shows that around 350 of the companies surveyed have Chinese competitors in their markets.

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Jürgen Matthes IW-Policy Paper No. 3 4. June 2024

Strategic autonomy and economic security achieve efficiently

In this study an analytical scheme is developed to operationalise the objective of strategic autonomy in a cost-effective way.

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