Ingo Borchert, Paola Conconi, Mattia Di Ubaldo, Cristina Herghelegiu, 05 May 2020

The EU often conditions preferential access to its market on the achievement of non-trade policy objectives such as sustainable development, human rights, and good governance. This column studies the evolution of such objectives in EU trade agreements and Generalised System of Preferences (GSP) schemes over time, and reveals the legal and economic limitations of imposing conditionalities in trade agreements compared to the GSP. The findings suggest that if the EU wishes to rely more on trade policy to promote such objectives, it should focus on GSP programmes.


CEPR Policy Research