The Impact of European Union’s Newly-Adopted Environmental Standards on its Trading Partners
The adoption by the European Union of environmental and social standards seems to affect trade relations with countries from outside the Union. Most seriously hurt are a great number of developing countries that are highly dependent on the European market for their exports. Complying with the said r...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Sciendo
2015-12-01
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| Series: | Studies in Business and Economics |
| Subjects: | |
| Online Access: | https://doi.org/10.1515/sbe-2015-0031 |
| _version_ | 1818335434753703936 |
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| author | Burnete Sorin Choomta Pilasluck |
| author_facet | Burnete Sorin Choomta Pilasluck |
| author_sort | Burnete Sorin |
| collection | DOAJ |
| description | The adoption by the European Union of environmental and social standards seems to affect trade relations with countries from outside the Union. Most seriously hurt are a great number of developing countries that are highly dependent on the European market for their exports. Complying with the said regulations means higher production costs, which eat into the respective countries’ international competitiveness. However, for all the widespread discontent, many developing countries are taking steps in order to adjust their production and export systems to the new rules. Unfortunately it will probably take a long time until full compliance is achieved. Meanwhile, in the short run, the frequent clashes between developing countries and their partners in the West in respect of environmental and social issues are disrupting the smooth functioning of international trade. |
| first_indexed | 2024-12-13T14:23:22Z |
| format | Article |
| id | doaj.art-c43f197a456a4dcc9c3a4f65db52652c |
| institution | Directory Open Access Journal |
| issn | 2344-5416 |
| language | English |
| last_indexed | 2024-12-13T14:23:22Z |
| publishDate | 2015-12-01 |
| publisher | Sciendo |
| record_format | Article |
| series | Studies in Business and Economics |
| spelling | doaj.art-c43f197a456a4dcc9c3a4f65db52652c2022-12-21T23:42:01ZengSciendoStudies in Business and Economics2344-54162015-12-0110351510.1515/sbe-2015-0031sbe-2015-0031The Impact of European Union’s Newly-Adopted Environmental Standards on its Trading PartnersBurnete Sorin0Choomta Pilasluck1Lucian Blaga University of Sibiu, RomaniaAcademy of Economic Studies Bucharest, RomaniaThe adoption by the European Union of environmental and social standards seems to affect trade relations with countries from outside the Union. Most seriously hurt are a great number of developing countries that are highly dependent on the European market for their exports. Complying with the said regulations means higher production costs, which eat into the respective countries’ international competitiveness. However, for all the widespread discontent, many developing countries are taking steps in order to adjust their production and export systems to the new rules. Unfortunately it will probably take a long time until full compliance is achieved. Meanwhile, in the short run, the frequent clashes between developing countries and their partners in the West in respect of environmental and social issues are disrupting the smooth functioning of international trade.https://doi.org/10.1515/sbe-2015-0031environmental standardsenvironmental policyclimate changenon-tariff barriers |
| spellingShingle | Burnete Sorin Choomta Pilasluck The Impact of European Union’s Newly-Adopted Environmental Standards on its Trading Partners Studies in Business and Economics environmental standards environmental policy climate change non-tariff barriers |
| title | The Impact of European Union’s Newly-Adopted Environmental Standards on its Trading Partners |
| title_full | The Impact of European Union’s Newly-Adopted Environmental Standards on its Trading Partners |
| title_fullStr | The Impact of European Union’s Newly-Adopted Environmental Standards on its Trading Partners |
| title_full_unstemmed | The Impact of European Union’s Newly-Adopted Environmental Standards on its Trading Partners |
| title_short | The Impact of European Union’s Newly-Adopted Environmental Standards on its Trading Partners |
| title_sort | impact of european union s newly adopted environmental standards on its trading partners |
| topic | environmental standards environmental policy climate change non-tariff barriers |
| url | https://doi.org/10.1515/sbe-2015-0031 |
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