26 May 2017
Compiled by Fellows of the UKTPO
Brexit will leave many areas of UK policy open to change. International trade policy is among the most important of these for UK prosperity and also among the most immediate because the status quo cannot simply be extended. This is the fifth in a series of blogs reporting what the major political parties say about trade policy in their 2017 manifestos, as they become available.
The UK Trade Policy Observatory (UKTPO) has set out a series of issues that it believes should be considered in any election manifesto that might form the basis of the UK’s future trade policy. The table below checks whether or not the UKIP Manifesto mentions these important elements explicitly or implicitly. Following that we offer a brief commentary on the treatment of trade policy in the manifesto. (more…)
Tina Perrett May 26th, 2017
Posted In: UK- EU
Tags: Brexit, Customs Union, Exports, FTA, General Election 2017, trade, Trade agreements, UKIP
19 May 2017
Compiled by Fellows of UKTPO
Brexit will leave many areas of UK policy open to change. International trade policy is among the most important of these for UK prosperity and also among the most immediate because the status quo cannot simply be extended. This is the third in a series of blogs reporting what the major political parties say about trade policy in their 2017 manifestos, as they become available.
The UK Trade Policy Observatory (UKTPO) has set out a series of issues that it believes should be considered in any election manifesto that might form the basis of the UK’s future trade policy. The table below checks whether or not the Conservative Manifesto mentions these important elements explicitly or implicitly. Following that we offer a brief commentary on the treatment of trade policy in the manifesto. (more…)
Charlotte Humma May 19th, 2017
Posted In: UK - Non EU, UK- EU
Tags: Article 50, Brexit, Conservatives, Customs Union, FTA, Immigration, Negotiations, Single Market
18 May 2017
Compiled by Fellows of UKTPO
Brexit will leave many areas of UK policy open to change. International trade policy is among the most important of these for UK prosperity and also among the most immediate because the status quo cannot simply be extended. This is the second in a series of blogs reporting what the major political parties say about trade policy in their 2017 manifestos, as they become available.
The UK Trade Policy Observatory (UKTPO) has set out a series of issues that it believes should be considered in any election manifesto that might form the basis of the UK’s future trade policy. The table below checks whether or not the Liberal Democrats’ Manifesto mentions these important elements explicitly or implicitly. Following that we offer a brief commentary on the treatment of trade policy in the manifesto.
The central plank of the Liberal Democrats’ manifesto is remaining in the single market and the customs union. This implies no change to current trade policies and hence little need to discuss them in the manifesto. Thus their coverage of trade policy is rather sparse. (more…)
Charlotte Humma May 18th, 2017
Posted In: UK - Non EU, UK- EU
Tags: Brexit, Customs Union, FTA, Liberal Democrats, Negotiations, Single Market, tariffs, WTO
08 May 2017
L. Alan Winters CB, Professor of Economics and Director of UKTPO.
Signing a Free Trade Agreement is neither necessary nor sufficient for two countries (or groups of countries) to cooperate and enhance trade in research or higher education services. Doing so helps significantly, but needs to be followed up by detailed operational agreements at a lower level. (more…)
Charlotte Humma May 8th, 2017
Posted In: UK - Non EU, UK- EU
Tags: Brexit, FTA, Higher Education
19 April 2017
L. Alan Winters CB, Professor of Economics and Director of UKTPO.
Economists for Free Trade’s Patrick Minford recently suggested that the UK should
simply eliminate our tariffs on them [the EU], and by implication – under WTO rules – on everyone else. By doing so, we would achieve free trade for our consumers with one quick move [and increase consumer welfare by 4%] Minford (2017).
This, he explains in a fuller exposition, is achievable ‘via Unilateral Free Trade’ – see page 8 of Minford and Miller (2017), henceforth referred to as M&M.
But this claim is misleading or worse:
Charlotte Humma April 19th, 2017
Posted In: UK- EU
Tags: Brexit, FTA, Negotiations, tariffs, WTO
7 February 2017
Dr Emily Lydgate is a lecturer in Law at the University of Sussex and a fellow of the UK Trade Policy Observatory.
While the UK government White Paper on leaving the EU may be light on detail, it does suggest that securing UK environmental protections is near the bottom of its list of priorities, with a scant dedicated paragraph (8.41). Compare this with its complete section on worker’s rights; or compare to the country of Wales, which includes maintaining social and environmental standards as one of six Brexit priorities. (more…)
Tina Perrett February 7th, 2017
Posted In: UK - Non EU, UK- EU
Tags: Article 50, Environment, FTA, Negotiations, Regulations, TTIP, USA, White Paper
17 January 2017
Dr Peter Holmes (Reader in Economics and member of the UK Trade Policy Observatory at the University of Sussex), reacts to Prime Minister Theresa May’s speech on negotiating objectives for exiting the EU.
The speech essentially confirms what we knew already, that sticking to the government’s red lines on the European Court of Justice and free movement would make joining the European Economic Area impossible and so we must leave the single market. (more…)
Katherine Davies January 17th, 2017
Posted In: UK- EU
Tags: Article 50, Customs Union, FTA, Negotiations, WTO
Professor L. Alan Winters, Professor Jim Rollo and Dr Peter Holmes are all members of UKTPO
Liam Fox MP, the President of the Board of Trade, is reported as saying that the UK should leave the EU Customs Union so as to give it the freedom to negotiate Free Trade Areas (FTAs) with other countries.
This would be an unexceptionable step after full Brexit but a provocative, and very probably costly, one before Brexit. (more…)
Charlotte Humma July 29th, 2016
Posted In: UK- EU
Tags: Article 50, Customs Union, FTA, Single Market, WTO