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dc.contributor.authorWOLFE, Robert
dc.date.accessioned2022-11-28T14:45:15Z
dc.date.available2022-11-28T14:45:15Z
dc.date.issued2022
dc.identifier.issn1028-3625
dc.identifier.urihttps://hdl.handle.net/1814/75067
dc.description.abstractUsing trade policy to achieve foreign policy objectives has a long history. Punishing enemies and rewarding friends by granting or withholding market access, sanctions or blockades are venerable forms of trade policy used as foreign policy. A more recent form is the inclusion of noncommercial provisions in trade agreements. All these tools are based on linkage, premised on the assumption that a desired outcome can be achieved by interventions that would increase or decrease trade. The latest instance is so-called “friend-shoring”, which would in principle isolate enemies, although it will be difficult in practice and risks undermining multilateralism. The cost of these interventions is susceptible to economic analysis, even if the conclusion is that it is worth paying. Influenced by Alan Winters who called national security as a motivation for agriculture protection a “so-called non-economic objective” or SNO, I argue that using a trade policy tool for a foreign policy purpose as if there is no cost is a SNO job, an attempt to justify an intervention aimed at one objective by framing it as being valuable for another.en
dc.format.mimetypeapplication/pdfen
dc.language.isoenen
dc.publisherEuropean University Instituteen
dc.relation.ispartofseriesEUI RSCen
dc.relation.ispartofseries2022/74en
dc.relation.ispartofseriesGlobal Governance Programme-486en
dc.relation.ispartofseries[Global Economics]en
dc.rightsinfo:eu-repo/semantics/openAccessen
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/*
dc.subjectNoneconomic objectivesen
dc.subjectTrade policyen
dc.subjectForeign policyen
dc.subjectLinkageen
dc.subjectMultilateralismen
dc.titleIs using trade policy for foreign policy a 'SNO job'? : on linkage, friend-shoring and the challenges for multilateralismen
dc.typeWorking Paperen
dc.rights.licenseAttribution 4.0 International*


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Attribution 4.0 International
Except where otherwise noted, this item's license is described as Attribution 4.0 International