Single Market

On the relevance of global value chains and the intra-European division of labour

This article first introduces the concept, the rationale, the causes and the genesis of global value chains from a worldwide perspective in the form of a brief overview. In the second empirical section, a closer look is taken at the intermediate trade integration in the EU. In particular, the employment effects of the intermediate trade connections for each EU member state and for selected sectors are highlighted. In the concluding section, it is explained why global value chains are particularly susceptible to rising protectionism.

Brexit and the UK's Services Trade

New research by the National Institute of Economic and Social Research (NIESR), commissioned by the Tony Blair Institute for Global Change.

Read the report here

Assessing the impact of trade agreements on trade

One of the key issues facing the UK in the wake of the advisory referendum result to leave the European Union is the precise nature of its relationship with the European Union. At one extreme would be continued membership in the European Economic Area, including membership in the single market. Other options would be either no free trade agreement (FTA) with the EU at all or a less comprehensive FTA which stops short of single market membership. This paper compares the ability of EEA membership and less comprehensive FTAs to generate trade in goods and services.

Hard or soft? The politics of Brexit

The British people voted for Brexit for a variety of reasons. A literature is emerging that seeks to explain the outcome using the increasing amount of aggregate and individual data being generated. Less often considered is the impact those factors that shaped the referendum outcome might continue to exert on the debate about the UK’s future relationship with the EU. We argue that they will continue to weigh on political debates. The continued resonance of the Leave message militates against anything but what has come to be known as a ‘hard Brexit’.

#EUref: The Missing Debate

The Missing Debate in the IN/OUT Referendum is the difference between a Single Market and the suggested alternative a Free Trade Agreement. It turns out this matters for the people of the UK - a lot. A Free Trade Agreement doesn't fully cover services - and services account for 8 out of every 10 jobs in the UK.

This animated video is based on independent research at NIESR led by Angus Armstrong.

Produced by Econ Films

Britain's Influence in the EU

How much influence does the UK have in Europe? How has this changed? We argue that the UK has tended to view its relationship with the EU in transactional terms, and that this has led to a dominant understanding framed in terms of ‘costs’ and ‘benefits.’ However, thinking more broadly gives a more nuanced picture of British influence.