The volume of international trade in services has grown rapidly over recent decades and, in fact, has outpaced growth in goods trade. Over the same period many developed countries experienced rapid growth in immigration. Gianmarco Ottaviano, Giovanni Peri and Greg Wright argue that while many studies have analysed the link between immigrants and trade in goods, the link between […]
How would a British exit from the EU affect the UK’s economy? In this article, Swati Dhingra, Gianmarco Ottaviano and Thomas Sampson outline the economic consequences of a Brexit, writing that reduced integration with EU countries is likely to cost the UK economy far more than is gained from lower contributions to the EU budget.
The direction of UK trade policy with its […]
In a new report on the economic consequences of a ‘Brexit’, Gianmarco Ottaviano, João Paulo Pessoa, Thomas Sampson and John Van Reenen find that if the UK left the European Union there would be a significant negative impact. The most important costs would come as a result of higher trade barriers with the EU.
Since a speech by the Prime Minister […]