trade

Joining CPTPP – The UK’s big dive into the Indo-Pacific

31 March 2023 Minako Morita-Jaeger is Policy Research Fellow at the UK Trade Policy Observatory and Senior Research Fellow in International Trade in the Department of Economics, University of Sussex On 31st March, the UK announced an agreement in principle to become a member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Politically, this is a positive step, especially as the Prime Minister can sell accession as a tangible achievement of the UK’s independent trade policy. But what is the real value of joining the CPTPP, and what are the key issues to examine? […]

By Nick Phipps|2023-03-31T09:31:10+01:0031 March 2023|UK - Non EU|3 Comments

The UK in a World of Green Industrial Strategies

13 March 2023 Emily Lydgate is Reader (Senior Associate Professor) in Environmental Law at University of Sussex School of Law, Politics and Sociology and Deputy Director of the UK Trade Policy Observatory The UKTPO is pleased to re-publish this TaPP Network Workshop Summary, an output of a TaPP workshop in January with speakers Geraldo Vidigal (University of Amsterdam), Emily Lydgate (UKTPO/CITP), Ilaria Espa (USI/WTI), and Greg Messenger (TaPP/University of Bristol). Rather than a blog, this note summarises views of panel participants and the authors. It provides useful insights on the latest developments in this area and policy recommendations for the UK in navigating the new subsidies race between the US and the EU. […]

By Nick Phipps|2023-03-13T14:23:37+00:0013 March 2023|Uncategorised|0 Comments

Economic Sanctions: No End to War in Ukraine

24 February 2023 Erika Szyszczak is a Fellow of the UK Trade Policy Observatory and Professor Emerita of Law at the University of Sussex. 24 February 2022: a date that shook the world as Russian aggression in Ukraine escalated. The fragility of a strategic democratic state was challenged, alongside exposing the vulnerability of interdependent global supply chains. Thus, it was not surprising that the early response to Russian aggression was in the form of economic sanctions led by the US, the UK and the EU. [1] […]

By Nick Phipps|2023-02-24T12:30:11+00:0024 February 2023|Uncategorised|1 Comment

Is it really true that Brexit has had no harmful effects?

17 February 2023 L. Alan Winters is Co-Director of the Centre for Inclusive Trade Policy, Professor of Economics at University of Sussex Business School and Fellow of the UK Trade Policy Observatory. Given the recent discussions about future UK-EU relations and the review of the UK-EU Trade and Cooperation Agreement (TCA) after two years, I have started reading the Brexit literature again. A recent paper – ‘What impact is Brexit having on the UK economy?’ by Graham Gudgin, Julian Jessop and Harry Western (GJW) from October 2022 argues there is no hard evidence of harm and that studies that claim to find harm are biased and/or incompetent! In this blog, I consider a few of their points in four areas. […]

By Nick Phipps|2023-02-17T13:10:10+00:0017 February 2023|UK- EU|3 Comments

Two years since the TCA came into force: What has happened to UK-EU trade?

10 February 2023 Guillermo Larbalestier is Research Assistant in International Trade at the University of Sussex and Fellow of the UKTPO. Nicolo Tamberi is Research Officer in Economics at the University of Sussex and Fellow of UKTPO. Today, HMRC have released UK trade data for 2022, which we can use to assess UK-EU trade two years after the introduction of the UK-EU Trade and Cooperation Agreement (TCA). […]

By Nick Phipps|2023-02-10T16:48:38+00:0010 February 2023|UK- EU|2 Comments

The EU’s proposed reforms to Trade and Sustainable Development chapters: a big change, or more of the same?

27 October 2022 Camille Vallier is a Fellow of the UK Trade Policy Observatory and Research Fellow in Trade and Sustainable Law at the School of Law, Politics and Sociology, University of Sussex. This blog was originally published by Trade 4 Sustainable Development. After having defended a sustainable development approach to trade based on cooperation and dialogue for the past decade, the European Union (EU) announced in June 2022 its intention to tighten its approach. The recent Communication “The power of trade partnership: together for green and just economic growth” presents the EU’s new strategy, which, among other measures, plans to extend the general state to state dispute settlement mechanism to the TSD chapter and to include the possibility of trade sanctions for non-compliance with certain provisions of the TSD chapter. These new measures have been adopted in response to a long-lasting observation that the current system does not enable a full and satisfying implementation and enforcement of sustainability provisions. […]

By Nick Phipps|2022-10-27T16:38:40+01:0027 October 2022|UK- EU|1 Comment

Is the world experiencing de-globalisation or just a geographical reorganisation of trade?

14 October 2022 Maria Savona is Professor of Economics of Innovation at the Science Policy Research Unit (SPRU) at the University of Sussex Business School and Full Professor at the Department of Finance and Economics at LUISS Business School in Rome. Filippo Bontadini is Assistant Professor in Applied Economics at LUISS and Associate Fellow at SPRU, University of Sussex. Valentina Meliciani is Professor of Applied Economics and Dean of the School of European Political Economy at LUISS. Ariel L. Wirkierman is Lecturer in Economics at Goldsmiths, University of London. After the great recession of 2008-2009, the world economy seemed to enter a phase of de-globalisation or deceleration in globalisation. But, is this really the case? Are we actually just experiencing a reorganisation and regionalization of production and value chains? Are these trends similarly affecting Europe, Asia-Pacific and the Americas, or are there regionally distinctive trends? […]

By Nick Phipps|2022-10-14T16:14:29+01:0014 October 2022|Uncategorised|0 Comments

Should trade policy be used to tackle forced labour?

16 September 2022 Erika Szyszczak is a Fellow of the UK Trade Policy Observatory and Professor Emerita of Law at the University of Sussex. On 23 February 2022, in a Communication on decent work worldwide, the EU announced a new legislative initiative tackling issues of sustainability and working conditions in global trade. [1] On the same day, the European Commission published a proposal for a Directive on corporate sustainability due diligence. […]

By Nick Phipps|2022-09-16T17:57:43+01:0016 September 2022|Uncategorised|1 Comment

New Government, new trade policy?

12 September 2022 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. Once again, the UK has a new Prime Minister, a new cabinet, and thus a new Secretary of State for International Trade. This is the 4th Secretary of State for trade in five years! […]

By Nick Phipps|2022-09-12T12:45:34+01:0012 September 2022|UK - Non EU, UK- EU, Uncategorised|0 Comments

Two months in: the impact of Brexit on UK trade

20 April 2021. Michael Gasiorek is Professor of Economics and Director of the UKTPO. Yohannes Ayele is Research Fellow in the Economics of Brexit at the University of Sussex and Fellow of the UKTPO. A decline in trade with the EU was expected following the coming into force of the Trade and Cooperation Agreement between the UK and the EU on the 1st of January. Nevertheless, when the UK January trade figures were released in early March, almost unanimously commentators were surprised by the extent of the decline. We now have the data for February and so in this blog we update the numbers and discuss their significance. […]

By Nick Phipps|2021-04-20T12:22:52+01:0020 April 2021|UK - Non EU, UK- EU|17 Comments