Overcoming the clash between moral sentiments and economic interests in Brexit talks

In this blog, Professor Slavo Radosevic argues that both camps of the Brexit debate should rebalance their arguments to include both moral sentiments and economics interests. A new compromise could only be built by recognising the need for complementarity between those two. Continue reading Overcoming the clash between moral sentiments and economic interests in Brexit talks

Understanding the EU’s negotiating position on trade in the Brexit negotiations

Luis González García considers the specificity of the EU trade policy to explain the perceived rigidity of the EU negotiators on Brexit. The EU applies two approaches to its trade policy through either integration (strong regulatory alignment and strong market access) or liberalisation (looser arrangements): this explains why an ad hoc model which offers full market access but does not ensure a level playing field cannot … Continue reading Understanding the EU’s negotiating position on trade in the Brexit negotiations

Post-Brexit Trade Relations: No Middle Way Between Free Trade Agreement and Internal Market

Piet Eeckhout and Clément Leroy examine various models for the UK-EU trade relationship after Brexit, and argue that a so-called bespoke agreement beyond existing frameworks is not available. This blog draws on Piet Eeckhout’s report Future trade relations between the EU and the UK: options after Brexit, which he is presenting to the European Parliament’s International Trade Committee on Thursday 17 May (watch here).  The future trade relationship between the … Continue reading Post-Brexit Trade Relations: No Middle Way Between Free Trade Agreement and Internal Market

An Accidental Brexit: a Disorderly Referendum and Illusions of a ‘Global Britain’

Taking a macroeconomic perspective, Paul Welfens reflects what the findings of his book ‘An Accidental Brexit’ mean in light of new developments in the Brexit negotiations. He argues that if the true economic consequences had been known, the referendum would have turned out differently and shows the potential pitfalls of the ‘Global Britain’ approach to international trade. The joint statement by PM May and President of the European … Continue reading An Accidental Brexit: a Disorderly Referendum and Illusions of a ‘Global Britain’