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Considerations for Member States Implementing the EU Supply Chain Regulation

Author

Listed:
  • Gabriel Felbermayr
  • Klaus Friesenbichler

Abstract

The EU Corporate Sustainable Due Diligence Directive shifts the costs of compliance with social and environmental rules to private entities within complex supply networks To ensure effective and cost-efficient implementation, the Directive should aim to reduce economic complexity Regulations should exempt countries with strong regulatory systems Public agencies should establish harmonized standards, and organize a private certification scheme that focuses on suppliers rather than the entire network The new European Parliament may need to adjust the legal framework accordingly

Suggested Citation

  • Gabriel Felbermayr & Klaus Friesenbichler, 2024. "Considerations for Member States Implementing the EU Supply Chain Regulation," EconPol Forum, CESifo, vol. 25(06), pages 22-25, November.
    • Handle: RePEc:ces:epofor:v:25:y:2024:i:06:p:22-25
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    File URL: https://www.cesifo.org/DocDL/econpol-forum-2024-6-felbermayr-friesenbichler-eu-regulation.pdf
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    References listed on IDEAS

    as
    1. Cherniwchan, Jevan, 2017. "Trade liberalization and the environment: Evidence from NAFTA and U.S. manufacturing," Journal of International Economics, Elsevier, vol. 105(C), pages 130-149.
    2. Elhanan Helpman & Marc Melitz & Yona Rubinstein, 2008. "Estimating Trade Flows: Trading Partners and Trading Volumes," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 123(2), pages 441-487.
    3. Yvonne Wolfmayr & Elisabeth Christen & Hendrik Mahlkow & Birgit Meyer & Michael Pfaffermayr, 2024. "Trade and Welfare Effects of New Trade Policy Instruments," WIFO Studies, WIFO, number 70732, January.
    4. Marc J. Melitz, 2003. "The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity," Econometrica, Econometric Society, vol. 71(6), pages 1695-1725, November.
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