Think of London and Brexit and most will think of what it means for ‘the City’, the heart of the UK’s financial services industry. In this, the second in our London Calling Brexit series, Scott James (King’s College London) and Lucia Quaglia (University of Bologna) examine why London’s financial institutions have failed to wield the influence over Brexit that […]
While most of the studies on Brexit have focused on its trade effects, very few have analysed the likely impact on foreign multinationals. Claudia Fernández-Pacheco Theurer (Universidad Autonoma de Madrid), Jose Luis López Ruiz and María C. Latorre (Universidad Complutense de Madrid, left) argue that this is an important omission. They show how data on trade and foreign multinationals affiliates’ sales underlines […]
Just how wrong is the Brexiteer view of an anti-market EU? Ask Canada or Australia, write Craig Parsons and Benedikt Springer. Brexiteers have frequently characterized the EU as a regulatory nightmare that impedes Britain’s traditional commitment to global openness and free trade. Well-informed observers generally know this is implausible—the EU is built around deep “single market” liberalisation, and promotes free-trade deals worldwide—but […]
The effect of Brexit on unfair trading practices (UTPs) has been largely overlooked, yet it could be very significant – especially in agriculture. Tom Verdonk (KU Leuven) looks at whether the regulations could diverge and what impact that would have.
With the UK’s imminent withdrawal from the EU, the EU’s motto “United in diversity” has clearly taken a hit. While […]
The absence of a trade agreement between UK and EU will yield further depreciations of the pound relative to leading currencies, explain Michael Ellington and Costas Milas. This will then lead to a sharp cut in the Bank of England’s policy rate and to another round of quantitative easing. In other words, a no-deal Brexit will push the Bank […]
The vote for Brexit and the election of protectionist Donald Trump to the US presidency – two momentous markers of the ongoing pushback against globalisation – led some to question the rationality of voters. Lubos Pastor and Pietro Veronesi (University of Chicago Booth School of Business) present a framework that demonstrates how the populist backlash against globalisation is actually a rational […]
Switzerland is in the midst of negotiating an institutional framework for some of its more important bilateral agreements with the EU. Laura Knöpfel (King’s College London) and Cenni Najy (University of Geneva) look at what institutional lessons can be learned for the UK as it tries to leave the EU while remaining partly in the Single Market.
Chapter 4 of […]
Were we starting from a place where nature was fully protected and thriving, dismantling the structures and support provided by the EU would be a more worrying prospect, writes Mike Townsend (Woodland Trust). But while the EU provides many environmental benefits the state of the natural environment remains woeful. We must seize this opportunity to reframe nature conservation.
The UK’s […]