Free Trade Agreements and Patterns of Risk Regulation in the EU and the US
Author | : |
Publisher | : |
Total Pages | : 62 |
Release | : 2016 |
ISBN-10 | : 9284601061 |
ISBN-13 | : 9789284601066 |
Rating | : 4/5 (066 Downloads) |
Download or read book Free Trade Agreements and Patterns of Risk Regulation in the EU and the US written by and published by . This book was released on 2016 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transatlantic regulatory patterns overall, and in four key sectors: food, automobiles, chemicals, and pharmaceuticals, indicate that EU risk regulation is not always or generally more stringent than US regulation. The reality is a complex mix of parity and particularity. While there is overall EU-US similarity, there is also variation. In some risk matters, across and within sectors, the European regulation is more stringent, whereas in others it is the US. Even if they are unusual, such transatlantic regulatory differences can pose barriers to trade. Still regulatory variation can also be the basis for learning to improve future regulatory design, both by comparing outcomes across regulations in different jurisdictions, and by planning adaptive regulation over time. International regulatory cooperation is not limited to adopting the current standard of one side or the other: it can also involve collaboration to review existing regulations and design new approaches that improve outcomes for all.