Publications

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53 Publications found…

  • In The Media 13 September 2022

    United Kingdom’s tilt to Asia no panacea for ailing British trade

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    Summary Non-CITP publication

    Despite initiating the largest change in trade policy in 50 years — leaving the European Union — the UK government still has no trade strategy. The United Kingdom’s budding relationship with Asia is essentially a matter of grand rhetoric and tactics. The big tactical plays now are accession to the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) and the FTA negotiations with India. The striking thing about the ‘tilt towards Asia’ is that it entirely misses China, furthermore, Asia will struggle to replace the flexible and just-in-time supply chains that characterised trade between the European Union and the United Kingdom.

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  • Blog post 12 September 2022

    New Government, new trade policy?

    By Michael Gasiorek.

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    Summary CITP publication

    The UK has a new PM, Cabinet and thus a new Secretary of State for International Trade. Will its trade strategy change? UK trade policy is primarily focused on free trade agreements (FTAs), but signing FTAs does not constitute a trade policy and the economic benefits from these agreements are exceedingly small. To address the current economic and longer-term issues such as sustainability, bio-diversity, security of supplies, jobs and wages; these issues should form the core of the UK’s trade policy alongside rebuilding the UK’s economic relationship with the EU.

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  • In The Media 9 September 2022

    Can green Brexit benefits offset the costs of leaving?

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    Summary CITP publication

    Can new sustainability wins offset the costs of leaving the EU? Some manufacturing companies are reporting positive outcomes from moving supply chains back to Britain

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  • Blog post 2 September 2022

    Trade policy, regional disparities, and inclusive growth

    By Professor Henry Overman.

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    Summary Non-CITP publication

    Places matter to people. For many people, the place where they grow up will become the place where they live and work. Many countries experience regional disparities in economic performance that are profound and persistent. What can the Centre learn from the available research on the causes and consequences of spatial disparities?

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  • Blog post 24 August 2022

    Collaboration, Coordination, and Communication: how to build supply resilience in global supply networks

    By Sam Roscoe.

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    Summary CITP publication

    Professor Sam Roscoe reports back from the 2022 Supply Chain Ministerial Forum. Focusing on transportation and logistics issues, he flags three key issues raised at the Forum and the potential ways to address these and build better resilience in global supply networks.

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  • Academic Paper 16 August 2022

    The political economy of preferential trade agreements: An empirical investigation

    By Giovanni Facchini et al.

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    Summary Pre-CITP publication

    The authors develop a political economy model to study the decision of representative democracies to join a preferential trading agreement, distinguishing between free trade areas and customs unions. Their theoretical analysis shows that bilateral trade imbalances and income inequality are important factors determining the formation of preferential trading agreements, whereas the patterns of geographic specialisation explain whether a customs union or a free trade area will emerge. The empirical analysis—using a comprehensive panel dataset spanning 187 countries over the period 1960–2015—provides strong support for these predictions.

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  • Video 20 July 2022

    Making trade work for all: inclusive trade policy

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    Summary CITP publication

    Now that the UK has ‘sovereignty’ over its trade policy it must decide what it wants from its free trade agreements which regulations to apply to imported food, how to reconcile trade and climate policies, etc. These decisions, and who is involved in making and scrutinising them, will shape economic outcomes for generations and affect all parts of society and all regions of the UK.

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  • Report 20 July 2022

    Post Covid-19: opportunities for growth, regional value chains and Mediterranean integration

    By Michael Gasiorek et al.

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    Summary Pre-CITP publication

    The report explores post-COVID opportunities for fostering growth and for deepening regional cooperation in the Mediterranean region, with a focus on five Southern and Eastern Mediterranean countries (Algeria, Egypt, Jordan, Morocco and Tunisia). In three thematic chapters, the report brings forward the analysis on how to deepen EU-Med integration by prioritizing regional value chains (RVCs), improving food security capacities, strengthening and digitalizing the health sector, and further developing the pharmaceutical sector.

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  • Academic Paper 20 July 2022

    Emerging Technologies in Emergency Situations

    By Sam Roscoe et al.

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    Summary Pre-CITP publication

    The world is witnessing an unprecedented upheaval in global operations and supply chains. Increasingly occurring natural disasters and the COVID-19 pandemic have plunged organisations into a state of emergency, with many fighting for their very survival. Emergency situations typically require urgent action to restore operations to the previous scenario or new strategies for survivability and adaptation to an entirely new context. Due to the scale and immediacy of these events, a range of actors is often involved, including governments, non-governmental organisations, and businesses, that need to work together to mitigate threats to life and property. Emerging technologies such as those related to industry 4.0 are well-positioned to help organisations rebuild and reconfigure their resilience capabilities.

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  • Academic Paper 20 July 2022

    The consequences of the Trade and Cooperation Agreement for the UK’s international trade’

    By L. Alan Winters CB et al.

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    Summary Pre-CITP publication

    The authors analyse the likely trade effects of the Trade and Cooperation Agreement (TCA), which defines the post-Brexit trading environment between the United Kingdom (UK) and the European Union (EU). They apply a computable general equilibrium model and focus on trade in value added rather than just the gross values of exports and imports. They describe the TCA and estimate its effects on the costs of conducting UK–EU trade, including various non-tariff barriers in both goods and services. They suggest that the TCA will reduce UK trade significantly: total exports by around 7 per cent and imports by around 14 per cent. In terms of value added (i.e. incomes generated), textiles and vehicles, both of which trade extensively with the EU, suffer heavily, as do services which trade significantly with the EU, face large increases in trade barriers, and experience declining demand from other sectors as those sectors’ exports fall. Such inter-industry linkages spread the losses from Brexit widely through the economy.

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