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Alasdair Smith, author17 December 2020

Alasdair Smith is Emeritus Professor of Economics at the University of Sussex and Fellow of the UK Trade Policy Observatory.

If the UK leaves the EU transition period without a trade deal there will be disruption and delay at the borders in the short run; and in the longer run, there will be the economic costs of trade barriers for important parts of the UK economy like agriculture, food manufacturing and the car industry. There will be problems too for the EU.

The biggest obstacle to a deal is the arcane issue of the ‘level playing field’. Does this really matter enough to both sides to prevent an agreement? (more…)

December 17th, 2020

Posted In: UK- EU

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Michael Gasiorek15 December 2020

Michael Gasiorek is Professor of Economics at the University of Sussex and Director of the UK Trade Policy Observatory. Nicolo Tamberi is a Research Assistant in Economics for the UK Trade Policy Observatory. 

There has rightly been much talk recently about the disruption and economic damage that would result from a No Deal Brexit, and hence the economic importance of avoiding this outcome. This is on top of the economic havoc being wreaked by the Coronavirus pandemic. Despite this, we have seen the Prime Minister suggesting that No Deal would be a ‘good outcome’ for the UK and that the UK would prosper. How can this be squared? (more…)

December 15th, 2020

Posted In: UK- EU

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Erika Szyszczak4 December 2020

Professor Erika Szyszczak is Fellow of the UKTPO.

The preoccupation in the final stages of the Brexit talks with an industry that contributes 0.12% to GDP and employs less than 0.1% of the UK workforce baffles commentators. Control over “our” fishing waters owes more to maintaining the British psyche rather than economic arguments.  Amidst fears that the traditional UK fish and chip supper could be at risk without a fisheries deal with the EU, the UK has put in place a series of Memoranda of Understanding (MoU) with four Northern fishing nations; Greenland, Norway, Iceland and the Faroe Islands. (more…)

December 4th, 2020

Posted In: UK - Non EU, UK- EU

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