About Ingo Borchert

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So far Ingo Borchert has created 24 blog entries.

Foreign Investment as a Stepping Stone for Services Trade

11 June 2020 Dr Ingo Borchert is Senior Lecturer in Economics and Julia Magntorn Garrett is a Research Officer in Economics at the University of Sussex. Both are fellows of the UK Trade Policy Observatory. Since the beginning of the pandemic, attention has shifted away from the economic implications of Brexit and towards what a post-COVID economy might look like.  This is understandable, yet by now it looks as if a hard Brexit might be just around the corner. Last week the fourth round of negotiations between the UK and the EU ended without visible progress, and the Government has repeatedly ruled out an extension to the transition period.  Thus, in spite of the continuing impact of COVID-related restrictions, it seems warranted to put back into focus some features of the UK economy that are likely to change after the transition period has ended. […]

The Writing on the Wall: FDI Inflows and Brexit

28 June 2019 Nicolo Tamberi is a Research Assistant in Economics for the UK Trade Policy Observatory. Dr Ingo Borchert is Senior Lecturer in Economics at the University of Sussex and a fellow of the Observatory. On Wednesday, the Department for International Trade (DIT) released its official statistics on inward foreign direct investments (FDI) for the financial year 2018-19.[1] As stated by the DIT, these data measure the inflow of ‘new investment, expansion, and mergers & acquisition’ projects, both publicly announced and not. […]

By , |2025-07-18T11:23:02+01:0028 June 2019|UK - Non EU, UK- EU|1 Comment

Hiding in Plain Sight – Why Services Exports Matter for the UK

1 April 2019 Dr Ingo Borchert is Senior Lecturer in Economics and Julia Magntorn Garrett is a Research Officer in Economics at the University of Sussex. Both are fellows of the UK Trade Policy Observatory.  During the first round of the indicative voting process at Parliament, the motion that proposes a permanent customs union attracted the second highest number of Ayes and was rejected by the slimmest margin of all eight motions.  This result shows the prevailing preoccupation with trade in merchandise goods.  Amongst other things, a customs union alone does nothing for services trade.  In this blog, we set out why the continued neglect of services trade is a major concern for the UK economy.[1] A twin-jet aircraft with just one engine on would ordinarily be bound for an emergency landing rather than for a smooth journey ahead. […]

Goods In – Services Out: Can the UK Walk on One Leg?

01 October 2018 Dr Ingo Borchert is Senior Lecturer in Economics, and Dr Peter Holmes is a Reader in Economics, both are fellows of the UK Trade Policy Observatory.  The UK Government is currently proposing to the EU, broadly speaking, to adopt a common rulebook for goods.  By contrast, not much if anything is sought in the realm of services, let alone movement of people or other areas of the Single Market.  Part of the EU’s response has been that goods and services are so interlinked that one cannot have a goods only single market.  Is this response just posturing as part of the negotiations process, or are there real issues with separating goods and services? […]

By , |2025-07-18T13:40:49+01:001 October 2018|UK- EU|1 Comment

BP 22 – The Engagement of UK Regions in Mode 5 Services Exports

Briefing Paper 22 – September 2018 Download Briefing Paper 22 Ingo Borchert and Nicolo Tamberi Key points Introduction Mode 5 services exports by region Foreign services, international integration and exports Conclusion References Footnotes Key Points This Briefing Paper highlights the importance of services inputs—domestic as well as foreign ones—for UK manufacturing exports.  We provide a detailed picture of individual UK regions and nations’ usage of domestic services inputs, and we describe the conducive role of foreign services inputs for export success. As the result of a long-running trend called “servicification” of manufacturing, the value of UK manufacturing exports entails a considerable share of services inputs. In 2017, the value of domestic services inputs into UK manufacturing exports amounted to over £70 billion. By comparison, this is close to all direct exports of financial and insurance services combined.  Hence, any changes in market access conditions abroad, especially in EU-27 destination markets, are likely to have knock-on effects on the demand for services in the UK, and on the jobs associated with the provision of such services. Across individual regions, the South East and London together provide 25% of all services inputs embodied in UK manufacturing exports. Most other regions [...]

By , |2025-12-17T15:53:33+00:007 September 2018|Comments Off on BP 22 – The Engagement of UK Regions in Mode 5 Services Exports

Briefing Paper 22 – THE ENGAGEMENT OF UK REGIONS IN MODE 5 SERVICES EXPORTS

The UK is one of the most services-oriented economies in the world, both in terms of production and exports.  Services inputs embodied in manufacturing exports constitute an important but under-appreciated kind of services exports, so-called mode 5 services trade.  This Briefing Paper provides the first estimates of mode 5 services trade disaggregated by UK region and industry, respectively, and over time.  UK manufacturing exports entailed over £70 billion worth of domestic services inputs in 2017, which play an integral role in the competitiveness of UK manufacturing exports.  Since these services are produced locally, changes in the trading environment for manufactures have direct implications for domestic employment in services sectors. Read Briefing Paper 22 – THE ENGAGEMENT OF UK REGIONS IN MODE 5 SERVICES EXPORTS

By , |2024-11-20T13:25:25+00:001 September 2018|Briefing Papers|0 Comments

What can the UK learn from existing customs unions?

29 March 2018 Dr Ingo Borchert is Senior Lecturer in Economics and a fellow of the UK Trade Policy Observatory and Julia Magntorn is Research Assistant in Economics at the Observatory. With one year to go until the UK will leave the European Union (EU), sorting out Britain’s trade relation with the EU is the most important task.  Yet the design of the future UK-EU agreement has implications for trade policy towards non-EU countries.  On account of this, the British Prime Minister in her Mansion House speech ruled out forming a new customs union with the EU because this “would not be compatible with a meaningful independent trade policy.”  Indeed, having sovereignty over its external trade policy post-Brexit has been at the forefront of the UK’s negotiation agenda, and consequently, the provision in the current draft Withdrawal Agreement that the UK may commence Free Trade Agreement (FTA) negotiations with other countries during the transition period was perceived as an important concession won. […]

By , |2025-07-18T13:54:04+01:0029 March 2018|UK - Non EU, UK- EU|3 Comments

BP 6 – Services Trade in the UK: What is at Stake?

Briefing paper 6 – November 2016 Download Briefing Paper Ingo Borchert Key Points Introduction An Overview of UK Services Trade Services Trade Policy Conclusion Glossary References Further Information […]

By |2025-12-17T11:58:28+00:0014 February 2018|Comments Off on BP 6 – Services Trade in the UK: What is at Stake?

BP 14 – Brexit and Regional Services Exports: A Heat Map Approach

Download this Briefing Paper Briefing Paper 14 11 January 2018 Ingo Borchert and Nicolo Tamberi Key Points Introduction The Spatial Distribution of Services Exports Across the UK Trade Relationship with the EU Trade in Embodied Services Growth of Cross-Border Services Exports over Time Conclusion Further Information Principal Data Sources Key Points This Briefing Paper describes the rich pattern of UK regional services exports. The aim is to provide a “heat map” for understanding better how Brexit might affect the services export prospects of UK regions. Reflecting the general concentration of economic activity in and around London, services exports too are spatially concentrated here, as London and the South East accounted for 62% of all services exports in 2015. There is no denying that, depending on the as yet unspecified Brexit conditions, there will be a substantial impact on services exports in the South. There is more to services exports than financial services out of London. In between the South East and the five smallest exporting regions, there is a middle tier of regions encompassing the North West, Scotland, East of England and the South West that contribute significantly to services exports, between them they account for 25% of [...]

By , |2025-12-12T10:53:13+00:0017 January 2018|Comments Off on BP 14 – Brexit and Regional Services Exports: A Heat Map Approach

Leave-voting regions are “most exposed” to Brexit services shock

11 January 2018 Dr Ingo Borchert is Lecturer in Economics and a fellow of the UK Trade Policy Observatory.  Nicolo Tamberi is a Research Assistant in Economics for the Observatory The North East and West Midlands are the most reliant on the European market, sending around half of their services exports to the EU. Sources: Office for National Statistics (2017a); and authors’ calculations. Two of the biggest Brexit-voting regions would be hit hardest by a potential fall in services exports upon leaving the EU, new analysis suggests.  […]

By , |2025-09-05T12:24:41+01:0011 January 2018|UK - Non EU, UK- EU|4 Comments
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