Quantifying Non-Tariff Barriers to Trade and Investment
18 January 2018 9:00 am CET
Final Conference of the international research project PRONTO.
Venue
University of Vienna, Oskar-Morgenstern-Platz 1, 1090 Vienna, Sky Lounge
Description
Over the past fifty years, there has been significant progress in lowering tariff barriers to international trade. This has led to a growing awareness of the importance of what are termed the 'new' Non-Tariff Measures (NTMs). The relevance of these new NTMs has grown with the rising importance of global sourcing and multinational enterprises. Today, with the dominance of global value chains and the increased tradability of non-tangible products, we are confronted with new and important questions about the impact of NTMs on competitiveness and productivity.
Against this background, the international research project PRONTO was called into life in order to analyse regulatory barriers to trade. Between 2014 and 2017, the team working on PRONTO sought new and better data, better methodologies, and a better understanding of the impact of new NTMs on international investment and trade.
The conference will last from 18 to 19 January 2018. Apart from presenting the main results of the PRONTO network, the conference will focus on:
- Quantifying the incidence of NTMs in goods and services
- Costs, benefits and regulatory objectives of NTMs
- Sustainabilty and the regulation of trade and investment
- Quantifying the social and economic impacts of NTMs
- Political economy determinants of NTMs
- NTMs and global and regional supply chains
Organised by:
Joseph Francois (University of Bern, WTI, and CEPR)
Ron Davies (University College Dublin)
Local organisers:
Robert Stehrer (The Vienna Institute for International Economic Studies)
Veronika Cervinka-Janýrová (The Vienna Institute for International Economic Studies)
Funding:
PRONTO has received funding from the European Union's Seventh Framework Programme for research, technological development and demonstration under grant agreement no 13504.