Project description
Plurilateral cooperation motivations in trade agreements
Non-economic objectives such as climate change, national security, societal values, and economic competitiveness drive international trade and investment interventions today. Multilateral agreements are increasingly constrained by geopolitical rivalry, leading to more frequent plurilateral cooperation. These agreements focus on specific policy areas, while research on their operation and impacts is limited. The ERC-funded PIANO project will analyse the motivations for plurilateral cooperation in trade agreements. It will gather data on trade, investment, and industrial policies and conduct empirical analysis to assess economic incentives for cooperation. The project will also investigate specific plurilateral initiatives and survey critical stakeholders to understand their preferences. Its findings will be summarised in a monograph with implications for the multilateral trade regime.
Objective
This project revisits the centrality of trade agreements as a mechaniThis project revisits the centrality of trade agreements as a mechanism for international cooperation. Intervention in international trade and investment increasingly is motivated by noneconomic objectives – fighting climate change, national security, safeguarding societal values – complementing economic competitiveness objectives. Multilateral agreements to reduce associated competitiveness spillovers are constrained by geopolitical and geoeconomic rivalry, as are trade agreements that span the major powers. States have begun to pursue cooperation on a smaller group, plurilateral, basis. These differ from trade agreements by focusing on specific policy areas and potentially being open to many countries. Research has devoted little attention to understanding the operation, impacts, and political economy of plurilateral integration initiatives. The project aims to fill this gap through conceptual analysis of the incentives to cooperate on a plurilateral basis, building multi-country panel datasets documenting the use and purported goal of trade, investment, and industrial policies, and empirical analysis of the economic incentives for plurilateral cooperation on trade/investment and regulatory policies, assessing tradeoffs between noneconomic and economic objectives and the size and incidence of cross-border spillovers associated with policies favoring domestic industries or discriminating against foreign producers. In-depth case studies of domain-specific plurilateral initiatives will investigate effectiveness in attaining stated objectives and reducing spillover costs of national policy instruments. These analyses are complemented by survey-based research to investigate the preferences of key actors and stakeholders for issue-specific plurilateral agreements as opposed to trade agreements. A synthesis monograph will distil the implications of resulting findings for the multilateral trade regime.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- natural sciences earth and related environmental sciences atmospheric sciences climatology climatic changes
- social sciences economics and business economics political economy
- social sciences economics and business business and management commerce
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Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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HORIZON.1.1 - European Research Council (ERC)
MAIN PROGRAMME
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Topic(s)
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Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
HORIZON-ERC - HORIZON ERC Grants
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) ERC-2023-ADG
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
50014 Fiesole
Italy
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