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. (more…)
Cosmo Rana-Iozzi February 17th, 2023
Posted In: UK- EU
Tags: Brexit, Brexit dividend, Brexit uncertainty, EU, EU Single Market, European Union, Frictionless trade, TCA, trade, Trade agreements, Trade and Cooperation Agreement, trade data, UK economy
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). (more…)
Cosmo Rana-Iozzi February 10th, 2023
Posted In: UK- EU
Tags: EU, EU Single Market, European Union, Free Trade Agreement, goods, TCA, trade, Trade agreements, Trade and Cooperation Agreement, trade data, UK economy
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
23 July 2021
Nicolo Tamberi is Research Officer in Economics at the University of Sussex and a fellow of the UKTPO.
We have updated our estimates of the effects of the introduction of the Trade and Cooperation Agreement (TCA) on UK-EU trade in 2021 through to April. The methodology used was described in the UKTPO briefing paper 57 (see the appendix for details). We find that over the period January-April 2021, the TCA reduced UK exports to the EU by 18.7% and imports from the EU by 25.8% compared to the scenario in which the UK did not leave the EU. (more…)
Charlotte Humma July 23rd, 2021
Posted In: UK- EU
Tags: Exports, Imports, TCA, Trade and Cooperation Agreement, trade data
13 March 2021
Yohannes Ayele is Research Fellow in the Economics of Brexit, Nicolo Tamberi is Research Officer in Economics, and Guillermo Larbalestier is Research Assistant in International Trade at the University of Sussex. All are Fellows of the UKTPO.
On Friday 12 March, the Office for National Statistics (ONS) and HM Revenue and Customs (HMRC) released the UK’s trade in goods figures for January 2021, providing data for the first month following the end of the Brexit transition period. The ONS has provided their own interpretation of these data portraying a rather gloomy scene for UK trade. We have downloaded the raw data and here offer some initial thoughts on what we learn from the changes in trade flows in January 2021. (more…)
Charlotte Humma March 15th, 2021
Posted In: UK - Non EU, UK- EU
Tags: Brexit, trade, trade data
