One of the most contentious issues in Britain’s exit from the EU is the role of the European Court of Justice (ECJ) during and after Brexit. This is because Brexit is ultimately a question of sovereign authority. Who decides the rules of the game when things go awry: a UK judge, or their EU counterpart? Davor Jancic examines the […]
Brexit should be viewed as an important opportunity for fresh thinking about trade and development policy, argue Richard Baldwin, Paul Collier and Richard Venables. EU economic and trade policies were far from perfect, and Britain has the chance to lead the way in devising a fairer set of policies that help development in Africa and the Caribbean, while helping […]
London and the South-East plus metropolitan and major university towns are markedly more pro-market and pro-competition than much of the rest of the UK. This is reflected in the geographical pattern of Brexit referendum results. In this post, Jon Stern examines the future of competition policies, as well as the perceptions of fairness and legitimacy of pro-market competition and industrial policies […]
Michael Ellington and Costas Milas explain why we should expect persistent exchange rate volatility and higher borrowing costs once the formal notification is sent to the EU. In this uncertain environment, the likelihood of rebalancing the economy towards export-oriented sectors may prove to be another pro-Brexit myth.
The second of the seven principles set out by Theresa May in her […]
Article 50 may lead to a decisive fork in the road for the UK. The final Brexit agreement “must take account of the framework for its [the UK’s] future relationship with the EU.” Therefore, the government has two years, realistically eighteen months, to redefine our international relationships. These relationships have a direct correspondence on our economy, creating winners and […]