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UK trade and FDI: A post-Brexit perspective

Dhingra, Swati, Ottaviano, Gianmarco I. P., Rappoport, Veronica, Sampson, Thomas and Thomas, Catherine (2017) UK trade and FDI: A post-Brexit perspective. CEP Discussion Papers (CEPDP1487). Centre for Economic Performance, London School of Economics and Political Science, London, UK.

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Abstract

Leaving the EU will change the UK’s economic relations with the rest of the world. This paper discusses the UK’s role in the global economy and the consequences of Brexit for the UK’s trade, investment and living standards. We emphasize that international integration encompasses investment and labour services flows as well as trade in goods and services and that there are important interdependencies between the different forms of integration which should be considered when evaluating policy changes. Brexit is likely to make the UK poorer by reducing trade and investment flows, but the size of these effects will depend upon the nature of the UK’s post-Brexit economic relations with the EU and the rest of the world. We conclude by considering options for UK-EU relations after Brexit and how the UK should approach future trade negotiations.

Item Type: Monograph (Discussion Paper)
Official URL: http://cep.lse.ac.uk/
Additional Information: © 2017 The Authors
Divisions: Centre for Economic Performance
Subjects: J Political Science > JN Political institutions (Europe)
Sets: Research centres and groups > Centre for Economic Performance (CEP)
Date Deposited: 21 Jul 2017 10:49
Last Modified: 05 Jul 2020 23:07
Funders: Economic and Social Research Council
URI: http://eprints.lse.ac.uk/id/eprint/83624

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