Balancing between Trade and Risk

This book offers a critical examination of the interplay between trade and risk regulation, emphasizing the need for interdisciplinary collaboration.

The trade aspects of risk and the risk aspects of trade require more systematic interdisciplinary attention to truly grasp the global and supranational dimensions of risk regulation. Balancing between Trade and Risk brings together legal and social science research from around the world, exploring how risk regulation operates within a trade context. This collaboration is essential to address the complex trade versus risk balancing act, both empirically and theoretically.

Legal, social, cultural, and political factors significantly influence risk regulation, yet analyses that adequately consider these interferences are often lacking. Each chapter in Balancing between Trade and Risk delves into the issues of scientific uncertainty and the governance arrangements surrounding expertise. Key concepts such as transparency, trust, legitimacy, and precaution emerge as particularly significant, given the political, multi-actor, and multi-level governance involved in balancing trade and risk.

This book not only highlights these critical concerns but also provides a thorough assessment of EU regulations regarding trade and risk from both external and internal viewpoints. The exploration of the trade-risk balancing act is increasingly relevant for students of law and social sciences, fostering a shared, interdisciplinary understanding that is vital in today's complex regulatory landscape.