Economics of Brexit

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    Long read: Brexit uncertainty must not prevent strategic planning and longer-term economic re-orientation

Long read: Brexit uncertainty must not prevent strategic planning and longer-term economic re-orientation

Brexit is not a simple story of disruption. Policy-makers in the throes of Brexit should not forget another driver of structural economic transformation: the so-called ‘Fourth Industrial Revolution’. Analysing the two drivers of labour market disruption together demonstrates the unique challenge of reconciling future planning with handling immediate shocks. Current uncertainties must not prevent strategic scenario planning and longer-term […]

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    Long read: There is no such thing as completely frictionless trade across a border

Long read: There is no such thing as completely frictionless trade across a border

The concept of a frictionless border is a constant theme of the Brexit debate. But as Anna Jerzewska (British Chambers of Commerce) points out there is no such thing as completely frictionless trade across a border. Brexit potentially adds new border formalities and checks when moving physical goods across the border, and these extra formalities add to border friction. The […]

February 6th, 2019|Economics of Brexit, Exit negotiations, UK and European law|Comments Off on Long read: There is no such thing as completely frictionless trade across a border|

How Brexit is already damaging London’s economy

Every time a business or agency relocates out of London because of Brexit, the capital’s revenues suffer. Heidi Alexander (London deputy mayor for transport) says it is time to recognise how vital London is to Britain’s wider economy.

The departure of the European Medicines Agency from its home in Canary Wharf to Amsterdam may sound like an odd place to […]

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    The future of EU international investment policy – What clues to take from NAFTA 2.0?

The future of EU international investment policy – What clues to take from NAFTA 2.0?

What can the latest revision of the North American Free Trade Agreement (NAFTA) between Canada, Mexico and the US tell us about the potential future of EU international investment policy? Robert Basedow (LSE) suggests that NAFTA 2.0 indicates the love story of OECD economies with investment protection agreements and investor-state dispute settlement mechanisms appears to be coming to an end, […]

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    Free-market conservatives, how is Brexit working out for you?

Free-market conservatives, how is Brexit working out for you?

The two and a half years following the EU referendum have exposed the wishful thinking that drove many free-market conservatives to support Brexit. In this post, Dalibor Rohac (American Enterprise Institute) asks how Brexit is working out for those who supported it on libertarian grounds.

 

Last week, I witnessed a somewhat extraordinary occurrence take place on Twitter. A former prominent Leave supporter and […]

What no-deal really means for customs on the Northern Irish border

We still have little idea what the customs arrangements on the border between Ireland and Northern Ireland will be after 29 March. A border control expert explains why the border is so crucial and sets out the scale of the task customs and other regulatory bodies on both sides of the border will face.

If the United Kingdom leaves the EU as scheduled, […]

The implications of no-deal Brexit: is the EU prepared?

This policy contribution, based on a note written for the Bundestag EU Committee and written by Guntram B Wolff (Bruegel), explores the possible consequences of a no-deal Brexit for the European Union and assesses preparations on the EU side. It also provides guidance on the optimal strategy for the EU, depending on the choices made by the United Kingdom.
Overall, a […]

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    Climate change is a likely area of successful cooperation between the EU and the UK after Brexit

Climate change is a likely area of successful cooperation between the EU and the UK after Brexit

Alexandra-Maria Bocse (LSE) assesses the degree to which the EU’s participation in the global climate regime will be affected by Brexit. First, the EU will lose a member that has pushed for higher standards of climate protection at home and EU level. This might have a negative impact on the EU’s climate policies. Second, the EU will lose an innovative […]

Farming in Brexitland: weathering the incoming storm

With the prospect of losing timely and tariff-free access to the single market – as well as migrant labour – farmers face even more uncertainty than most as a result of Brexit. Richard Byrne (Harper Adams University) explains the changes that Brexit is bringing.

The last sheep sale before Christmas at Welshpool livestock market was seen by many as a […]

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    Resist, Rebel and Remain: the nation deserves and demands a second chance

Resist, Rebel and Remain: the nation deserves and demands a second chance

Parliament should vote down Theresa May’s Brexit deal on Tuesday. John Van Reenen (MIT/LSE) writes that while the argument for remaining in the EU is fundamentally moral and political, and not economic, it is important for lawmakers to know that Brexit will make their constituents poorer. Ultimately, however, the nation deserves and demands a second chance to stay in Europe and to forge […]