On the value of exports promotion

2 March 2017 Giordano Mion is a Professor of Economics at the University of Sussex and fellow of the UK Trade Policy Observatory “The people have spoken” on Brexit. The UK is leaving the EU. We now need to focus on how the UK can maintain a leading world trade position in this new scenario. Brexit has cast a shadow over the future international position of the UK and its trading relationship with both the EU and non-EU partners. Much attention has been devoted to number crunching regarding the costs related to the UK leaving the EU. Whilst some figures look more credible than others, both before and after the vote, there has been large discrepancies – leading to confusion and an overall lack of key message. […]

By |2017-03-02T10:57:44+00:002 March 2017|UK- EU|1 Comment

Brexit and the regions: a lighter shade of dark

14 October 2016 L. Alan Winters is Professor of Economics at the University of Sussex, and director of the UK Trade Policy Observatory. Nick Jacob is an associate tutor and research student in economics – also at the University of Sussex. Few doubt that Brexit poses some immense challenges for the British economy. But for a government that professes to want an economy that ‘works for everyone’, there is possibly one encouraging factor: Brexit seems likely to help re-balance the economy. This note asks what Brexit implies for different parts of the UK and suggests two reasons why regions outside London and the South East could be less severely challenged. […]

By |2016-10-14T13:22:44+01:0014 October 2016|UK - Non EU, UK- EU|0 Comments

UK-Australia trade deal useful as a warm-up for tougher negotiations

12 September 2016 Michael Gasiorek is a Senior Lecturer in Economics, in the School of Business, Management and Economics and a member of UKTPO. He is also Managing Director of InterAnalysis, a University spin-out company focusing on trade policy. There has been talk in the past week about a future free trade agreement (FTA) between the UK and Australia – and indeed Australia expressed interest in such an FTA soon after the Brexit referendum. For the UK government this seems to be an affirmation of the future possibilities for the UK, as and when it assumes full responsibility for trade policy post Brexit. In reality, our trade with Australia is relatively small and so the real value may be in the opportunity for the UK’s fledgling trade negotiators to get round the table with friendly faces and hammer out a low-stakes trade deal. […]

By |2016-09-12T13:15:24+01:0012 September 2016|UK - Non EU|0 Comments
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