What can be learnt from the Labour Party’s consultation on Trade?
Michael Gasiorek is Director of the UK Trade Policy Observatory and Co-Director of the Centre for Inclusive Trade Policy. He is Professor of Economics at the University of Sussex Business School. Justyna A. Robinson is a Reader in English Language and Linguistics at the University of Sussex and a Director of Concept Analytics Lab. In early 2023, the Labour Party launched a National Policy Forum. It comprised a series of public consultations across six core policy areas, with the stated aim of helping the Labour Party to ‘build their policy platform’. A key part of the consultation process was to invite written submissions on these policy areas. One of the six policy areas was entitled Britain in the World, (to which the UKTPO/CITP also responded), which posed a set of seven questions all of which related to trade and trade policy. Questions 1. What is the role of international trade in promoting domestic economic growth, boosting jobs and driving up wages? 2. How can Labour ensure the UK’s international trade policy promotes growth and investment across the nations and regions of the UK? 3. How can Labour build resilience into the international trade system and better ensure the security of essential supply chains? 4. How will a Labour government’s trade policy reduce poverty and global inequality whilst promoting (a) human rights, [...]