Economic Sanctions: No End to War in Ukraine
24 February 2023
Erika Szyszczak is a Fellow of the UK Trade Policy Observatory and Professor Emerita of Law at the University of Sussex.
24 February 2022: a date that shook the world as Russian aggression in Ukraine escalated.
The fragility of a strategic democratic state was challenged, alongside exposing the vulnerability of interdependent global supply chains. Thus, it was not surprising that the early response to Russian aggression was in the form of economic sanctions led by the US, the UK and the EU. [1] […]
Is it really true that Brexit has had no harmful effects?
17 February 2023
L. Alan Winters is Co-Director of the Centre for Inclusive Trade Policy, Professor of Economics at University of Sussex Business School and Fellow of the UK Trade Policy Observatory.
Given the recent discussions about future UK-EU relations and the review of the UK-EU Trade and Cooperation Agreement (TCA) after two years, I have started reading the Brexit literature again. A recent paper – ‘What impact is Brexit having on the UK economy?’ by Graham Gudgin, Julian Jessop and Harry Western (GJW) from October 2022 argues there is no hard evidence of harm and that studies that claim to find harm are biased and/or incompetent! In this blog, I consider a few of their points in four areas. […]
Two years since the TCA came into force: What has happened to UK-EU trade?
10 February 2023
Guillermo Larbalestier is Research Assistant in International Trade at the University of Sussex and Fellow of the UKTPO. Nicolo Tamberi is Research Officer in Economics at the University of Sussex and Fellow of UKTPO.
Today, HMRC have released UK trade data for 2022, which we can use to assess UK-EU trade two years after the introduction of the UK-EU Trade and Cooperation Agreement (TCA). […]
The Effect of SDG-related Provisions in PTAs on SDGs
14 December 2022
Ruby Acquah and Mattia Di Ubaldo are Fellows of the UK Trade Policy Observatory and Research Fellows in Economics at the University of Sussex Business School. This blog was originally published by Trade 4 Sustainable Development.
The Role of Non-trade Provisions in PTA’s in Attaining the SDGs.
Preferential Trade Agreements (PTAs) are being increasingly used as a tool to pursue various non-trade policy objectives such as the protection of human rights and labour rights, the promotion of environmental sustainability, and combating climate change. […]
Is the golden age of Free Trade Agreements over?
7 December 2022
Emily Lydgate, Reader in Environmental Law at University of Sussex and Deputy Director of the UKTPO [1]
Figures from the World Trade Organization suggest that the negotiation of new Free Trade Agreements (FTAs) peaked in 2008, and has since declined.[2] Meanwhile, the Biden Administration has disavowed FTAs. The UK emerged post-Brexit as an enthusiastic advocate, responsible for much of the 2020 outlying peak in WTO FTA notifications. However, even in the UK, the Trade Secretary recently said: ‘I would like us to move away from the DIT being seen as the Department for Free Trade Agreements and back to the Department for International Trade.’
Having created a so-called spaghetti bowl of FTAs, are the wealthy countries that have driven most FTA negotiations[3] finally running out of noodles? […]
The EU’s proposed reforms to Trade and Sustainable Development chapters: a big change, or more of the same?
27 October 2022
Camille Vallier is a Fellow of the UK Trade Policy Observatory and Research Fellow in Trade and Sustainable Law at the School of Law, Politics and Sociology, University of Sussex. This blog was originally published by Trade 4 Sustainable Development.
After having defended a sustainable development approach to trade based on cooperation and dialogue for the past decade, the European Union (EU) announced in June 2022 its intention to tighten its approach. The recent Communication “The power of trade partnership: together for green and just economic growth” presents the EU’s new strategy, which, among other measures, plans to extend the general state to state dispute settlement mechanism to the TSD chapter and to include the possibility of trade sanctions for non-compliance with certain provisions of the TSD chapter. These new measures have been adopted in response to a long-lasting observation that the current system does not enable a full and satisfying implementation and enforcement of sustainability provisions. […]
Is the world experiencing de-globalisation or just a geographical reorganisation of trade?
14 October 2022
Maria Savona is Professor of Economics of Innovation at the Science Policy Research Unit (SPRU) at the University of Sussex Business School and Full Professor at the Department of Finance and Economics at LUISS Business School in Rome. Filippo Bontadini is Assistant Professor in Applied Economics at LUISS and Associate Fellow at SPRU, University of Sussex. Valentina Meliciani is Professor of Applied Economics and Dean of the School of European Political Economy at LUISS. Ariel L. Wirkierman is Lecturer in Economics at Goldsmiths, University of London.
After the great recession of 2008-2009, the world economy seemed to enter a phase of de-globalisation or deceleration in globalisation. But, is this really the case? Are we actually just experiencing a reorganisation and regionalization of production and value chains? Are these trends similarly affecting Europe, Asia-Pacific and the Americas, or are there regionally distinctive trends? […]
Should trade policy be used to tackle forced labour?
16 September 2022
Erika Szyszczak is a Fellow of the UK Trade Policy Observatory and Professor Emerita of Law at the University of Sussex.
On 23 February 2022, in a Communication on decent work worldwide, the EU announced a new legislative initiative tackling issues of sustainability and working conditions in global trade. [1] On the same day, the European Commission published a proposal for a Directive on corporate sustainability due diligence. […]
New Government, new trade policy?
12 September 2022
Michael Gasiorek is Director of the UK Trade Policy Observatory and Co-Director of the Centre for Inclusive Trade Policy. He is Professor of Economics at the University of Sussex Business School.
Once again, the UK has a new Prime Minister, a new cabinet, and thus a new Secretary of State for International Trade. This is the 4th Secretary of State for trade in five years! […]
Freeports: why the sudden excitement?
22 August 2022
Peter Holmes is a Fellow of the UK Trade Policy Observatory and Emeritus Reader in Economics at the University of Sussex Business School. Guillermo Larbalestier is Research Assistant in International Trade at the University of Sussex and Fellow of the UKTPO.
After time in the shade, Freeports are back in the news. The policy has been embraced and a subject of discourse by both PM candidates, Rishi Sunak and Liz Truss, as part of their “benefits from Brexit” claims and “levelling up” strategies. There has also recently been concern by some commentators that Freeports risk becoming ‘Charter Cities’. […]
