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? (more…)
Cosmo Rana-Iozzi October 14th, 2022
Posted In: Uncategorised
Tags: international trade, Protectionism, supply chains, trade, trade data, trade dispute, trade policy, trade remedies, trade wars
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. (more…)
Cosmo Rana-Iozzi September 16th, 2022
Posted In: Uncategorised
Tags: China, digital trade, Enforcement, ethical trade, European Commission, European Union, international economic law, international trade, labour rules, labour standards, Protectionism, supply chains, trade, Trade agreements, trade data, trade policy, Treaty on the Functioning of the European Union, USA
12 March 2019
Julia Magntorn Garrett is a Research Officer in Economics at the University of Sussex and a fellow of the UK Trade Policy Observatory and L. Alan Winters CB is Professor of Economics and Director of the UK Trade Policy Observatory.
Tariffs are the simplest and most direct of the tools of trade policy: they are taxes on imports. Broadly speaking, high tariffs help to shelter domestic industries from international competition, whereas lower tariffs increase competition and benefit consumers through both lower prices and permitting a wider variety of products to choose from. Despite saying that taking back control of its trade policy is imperative and that the UK may have its own trade policy in under three weeks (30th March), the Government has yet to reveal its policy for UK tariffs. The Financial Times recently reported that the plan was to eliminate the majority of industrial tariffs and, in the same vein, Sky News reported on the Government’s intention to cut 80-90% of all tariffs to zero. Many business owners are anxiously awaiting further information, as they may have only a matter of weeks to adjust to changes that could seriously affect their business. (more…)
Charlotte Humma March 12th, 2019
Posted In: UK- EU
Tags: MFN, Protectionism, tariffs
7 November 2018
Rodney D. Ludema is a Professor of Economics, with a joint appointment in the School of Foreign Service and the Department of Economics at Georgetown University, Washington D.C. (See bio below)
As the fifth meeting of the U.S. and U.K. Trade and Investment Working Group takes place this week in Washington, hope for an eventual U.S.-U.K. trade deal is on the rise, thanks to the White House’s recent notification to Congress of its intent to launch formal negotiations. This new optimism is astonishing in light of Trump’s protectionist moves of the past year and raises questions about the direction of U.S. trade policy more generally. Should Trump’s free trade overtures be taken seriously? Do they represent a change in strategy or even a change in tactics? How ambitious should we expect a U.S.-U.K. trade deal to be? To answer these questions, it is helpful to understand Trump’s motivations and the policy environment in which his policies are being developed. Such is the goal of this essay. (more…)
Charlotte Humma November 7th, 2018
Posted In: UK - Non EU
Tags: China, free trade, Protectionism, tariffs, Trade agreements, trade dispute, Trump, U.S. and U.K. Trade and Investment Working Group, US
9 November 2016
L. Alan Winters, Professor of Economics and Director of UKTPO.
Donald Trump viewed Brexit as a great victory. He also said that the UK would not be at the back of the line for trade deals – perhaps because there would be no line! But where does Trump’s victory leave the overall strategy of Brexit? It makes keeping good access to the EU market – some form of soft Brexit – even more important than it was previously. (more…)
Charlotte Humma November 9th, 2016
Posted In: UK - Non EU
Tags: Protectionism, USA
